Aster Price Targets $3 as Breakout Momentum Builds

Aster price has captured market attention with a strong breakout from its falling channel, signaling renewed bullish momentum. The move comes as open interest continues to rise, confirming traders’ growing conviction. With accumulation trends strengthening, confidence in Aster’s short-term and long-term upside remains intact.

Currently trading around $1.93, Aster price has successfully reclaimed the 0.5 Fibonacci level at $1.97, reinforcing the validity of its breakout. Technical checkpoints now point to resistance at the 0.618 retracement near $2.08 and the 0.786 level around $2.23. A decisive push through these barriers could pave the way toward the highly anticipated $3 target. Analysts further suggest that if Aster follows a similar trajectory to HYPE’s all-time high, its long-term price potential could extend toward $9.69, underscoring substantial upside beyond Fibonacci projections.

Supporting this bullish setup, derivatives data from CoinGlass shows an 8.89% rise in open interest to $1.37 billion, aligning with the breakout structure and suggesting strong participation from market players. Such expansions typically signal trend continuation, further validating the current momentum.

Adding to this optimism, whale accumulation has surfaced as a key driver. On-chain data revealed that a whale invested $5 million USDT to acquire 2.74 million ASTER tokens, raising its holdings to more than 3 million worth approximately $5.95 million. This large-scale purchase not only absorbs available supply but also reflects long-term confidence in the project’s fundamentals.

Another potential catalyst comes from reports of ASTER deposits moving into Binance wallets following CZ’s endorsement. Experts believe this could signal early preparations for a Binance listing, a development that historically fuels strong upward price reactions across the market.

In summary, Aster price remains technically robust, supported by breakout confirmation, rising open interest, and whale inflows. With the possibility of a Binance listing adding further momentum, the token is firmly positioned to test higher resistance levels, with the $3 psychological mark now clearly in focus.