$ASR – POTENTIAL SHORT SETUP NEAR KEY RESISTANCE
$ASR USDT is currently trading at $1.864 (+6.88%), after testing the 24h high of $1.963. Price is now showing signs of exhaustion near a critical resistance zone, with early signs of rejection visible on the lower timeframes.
TRADE SETUP – SHORT BIAS
Entry: $1.87 – $1.92
TP1: $1.83
TP2: $1.78
TP3: $1.73
Stop-Loss: $1.97
Outlook: Price is hovering below the 24h high, and candles are showing long upper wicks with weakening momentum. With volume not supporting a clean breakout and RSI nearing overbought on LTFs, this may be a good short opportunity toward the mean.
PRO TIP: Watch for a rejection candle near $1.90–$1.95 zone on the 15m or 1h chart with declining volume. That could signal a good short entry confirmation.
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