According to reports from AMBCrypto, ASTEROID has extended its bullish run for a third consecutive day, adding 19% over the past 24 hours alone. The token's rally is beginning to feel more deliberate than impulsive, with trading volume surging 72% to 21.63 million, showing that the move is being backed by growing participation rather than thin momentum.
As reported by AMBCrypto, the breakout came after the price respected a demand zone around $0.00024, where buyers stepped in decisively. Instead of a slow grind higher, the response was immediate, pushing the token toward its next key test at $0.00036. This level now acts as the first real barrier for continuation, with ASTEROID currently trading above key EMA supports on the daily chart.
According to AMBCrypto, Open Interest has increased by $0.8 million over the past 24 hours, suggesting that new positions are being added as prices rise. When Open Interest expands alongside price, it typically reflects growing confidence in the current direction, though it doesn't guarantee continuation. The Funding Rate was still slightly negative at -0.0005% at press time, indicating the market is not overcrowded with long positions yet.
As reported by AMBCrypto, all attention now shifts to the $0.00036 resistance level, given that ASTEROID is currently trading above key EMA supports on the daily chart. If buyers manage to push through and hold above this level, it would confirm strength and likely open the door for further bullish run continuation. However, if momentum fades at resistance, a short-term pullback wouldn't be surprising after such a sharp move.
