AASTER 4H Analysis
After forming a clean Cup & Handle pattern, price has been consolidating within a descending triangle near the $1 zone.
Momentum indicators show a bullish divergence, suggesting potential reversal.
A confirmed breakout above the descending trendline could trigger the next bullish leg toward $1.30–$1.50.
Failure to hold the $0.95–$1.00 support range would invalidate the short-term bullish setup.
Pattern remains constructive as long as the base holds.
After forming a clean Cup & Handle pattern, price has been consolidating within a descending triangle near the $1 zone.
Momentum indicators show a bullish divergence, suggesting potential reversal.
A confirmed breakout above the descending trendline could trigger the next bullish leg toward $1.30–$1.50.
Failure to hold the $0.95–$1.00 support range would invalidate the short-term bullish setup.
Pattern remains constructive as long as the base holds.
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