Highlights
The ASTER price has shown early signs of stabilization after recent volatility, as fresh whale activity sparks renewed market interest. The token, which previously endured a prolonged downtrend, is now showing technical cues of a possible reversal. Recent accumulation signals suggest growing confidence among larger investors, even as broader market conditions remain cautious. Meanwhile, ASTER’s upcoming buyback plan has added another layer of optimism, reinforcing the possibility of a trend shift.
The ASTER price recently broke out of a steep falling channel that had capped its recovery attempts for weeks. This breakout coincides with the formation of an inverse head-and-shoulders pattern, a structure known for indicating bullish reversals.
Specifically, the neckline near $1.23 represents a decisive breakout zone that could open the path to a 50% rally toward $1.6. The Parabolic SAR dots have flipped below the price, suggesting renewed buyer control, while the RSI hovers just below the midline, showing room for upward continuation.
Meanwhile, both buyers and sellers are actively defending the $1.06 support zone, which aligns with the right shoulder’s base, confirming short-term accumulation. If ASTER maintains this support and breaks past $1.23, the projection points to a recovery continuation, possibly targeting $1.6 in the coming sessions.
Beyond the $1.6 level, Fibonacci extensions show the next checkpoints at $2.08 and $2.23, aligning with potential resistance zones that could lead toward the $3 psychological mark if momentum extends. Overall, the chart indicates bullish exhaustion of sellers and rising conviction among buyers, reinforcing a structural shift in ASTER price behavior.
A newly created wallet has drawn widespread attention after withdrawing $5.3 million USDT from Aster DEX and spending $3.2 million to acquire 2.94 million ASTER tokens at roughly $1.09 each. According to Onchain Lens, the wallet still holds about $2 million USDT, suggesting further buying activity may follow.
This sizable purchase underscores renewed optimism among large investors anticipating a rebound in ASTER price.
Meanwhile, Aster’s team has confirmed a strategic buyback plan that allocates 70–80% of Season 3 trading fees toward token repurchases. The results will be shared once S3 concludes, followed by continued cycles in future seasons.
This initiative not only aims to reduce selling pressure but also incentivizes users through rewards and airdrops linked to trading activity.
Together, the whale’s multi-million-dollar purchase and the buyback plan form a powerful dual mechanism that could help reinforce stability, strengthen investor trust, and potentially accelerate ASTER price recovery.
To sum up, the combination of a strong technical base and real-time whale confidence paints a constructive outlook for ASTER price. The inverse head-and-shoulders structure strengthens the case for a 50% move toward $1.6. Simultaneously, the coordinated buyback effort provides tangible demand support from both on-chain and ecosystem levels. Therefore, as the market consolidates above $1.06, the overall setup favors sustained upward pressure over short-term weakness.
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