$ASR has sharply reversed after failing to sustain above the 2.10 resistance zone. The price now trades near 1.79, confirming a strong bearish rejection with momentum shifting downward. A loss of structure below 1.75 may trigger deeper correction toward lower supports as sellers regain control.
š¹ Trade Setup:
Entry Zone: 1.78 ā 1.82
Take Profit 1: 1.60
Take Profit 2: 1.42
Stop Loss: 1.92
š Market Outlook:
Momentum has turned negative on lower timeframes with RSI slipping from overbought zones. The uptrend structure is breaking, suggesting a short-term correction phase before any potential recovery. Key resistance lies at 1.95ā2.10, while the next major support is near 1.40. Caution for long positions ā bears are in control for now.
buy and trade here on $ASR
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