$ASTER displays an interesting divergence on the charts right now. Since bouncing from the 0.65 low, net short positions have climbed to fresh highs, while simultaneously net long positions have retreated to new lows. This inverse relationship is a telling signal in the order flow. When shorts are extending at resistance levels while longs capitulate, it typically foreshadows weakness rather than strength. The setup appears to favor further downside pressure, suggesting the downtrend could persist. Traders watching this pair should keep a close eye on whether net shorts can maintain their dominance or if a reversal in positioning might spark a bounce.
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PessimisticLayer
· 6h ago
Short positions are so fierce, long positions have directly run away, now ASTER has to continue to fall.
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NotFinancialAdviser
· 6h ago
short positions are building up crazily, while long positions have all run away, this ASTER is likely to continue crashing.
$ASTER displays an interesting divergence on the charts right now. Since bouncing from the 0.65 low, net short positions have climbed to fresh highs, while simultaneously net long positions have retreated to new lows. This inverse relationship is a telling signal in the order flow. When shorts are extending at resistance levels while longs capitulate, it typically foreshadows weakness rather than strength. The setup appears to favor further downside pressure, suggesting the downtrend could persist. Traders watching this pair should keep a close eye on whether net shorts can maintain their dominance or if a reversal in positioning might spark a bounce.