$ASR Ignites a Vertical Rally Can the Momentum Continue?

$ASR has exploded from the 4.5 range to 7.6+ in just hours, printing a massive green candle on the 4H chart. This breakout shows strong bullish momentum with high volume and aggressive buying pressure. If ASR holds above the 7.2 zone, it could continue pushing higher with clean upside potential.

Long Trade Setup (4H Chart)

Entry Zone: 7.500 – 7.650 (wait for small pullback or breakout retest)

Stop Loss: 7.100 (below recent support)

Targets:

TP1: 8.000

TP2: 8.400

TP3: 9.000 (extension target if rally continues)

Market Insight:

ASR has flipped into strong uptrend structure after consolidating for weeks. A close above 8.00 may confirm a fresh leg up. Watch for volume support.