ASTER Under Pressure After $1.37M Token Unlock: Key Levels to Watch Next
- ASTER faces growing selling pressure after a $1.37 million token unlock increased circulating supply.
- Buybacks and rising network activity provide support despite weakening technical indicators.
- A break below support could send ASTER toward the $0.58 liquidity zone.
Aster — ASTER, has entered a crucial period after unlocking $1.37 million worth of tokens, placing fresh supply into the market while price continues hovering near long-term support. The latest distribution arrives during a period of weak price momentum, leaving traders uncertain about the next move. Although network activity remains healthy and buybacks continue reducing circulating supply, bearish technical signals still dominate. The coming days could determine whether buyers regain control or sellers drive ASTER toward lower support levels.
Buybacks Face a Crucial Test as Fresh Supply Enters the Market
More than 70% of the newly unlocked tokens went toward ecosystem staking and community airdrops, according to the latest release data. Such an allocation supports network participation and encourages long-term engagement instead of directing the entire release into open market trading. Even so, any increase in circulating supply can create additional selling pressure, especially when market sentiment remains fragile.
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