$ASR /USDT – Bullish Momentum Confirmed, Strategic Pullback in Play!
$ASR just delivered a powerful breakout, surging from the $1.15 consolidation zone to a 24H high of $1.693, backed by over $15M in USDT volume—a move driven by strong momentum, not speculative hype. Currently retracing to $1.476, this zone presents a tactical re-entry opportunity as the asset cools before a potential second wave.
Key Market Structure:
Clean breakout above resistance on strong volume
Pullback aligning with the 0.382–0.5 Fibonacci retracement zone
Price action holding above previous structure base
Trade Setup:
Entry Zone: $1.42 – $1.48
Targets:
TP1: $1.60 (structural retest)
TP2: $1.69 (recent high)
TP3: $1.78–$1.82 (next resistance zone)
Stop Loss: Below $1.39
Strategic Insight:
Monitor lower timeframes (15m–30m) around $1.45–$1.48 for bullish candle formations and volume resurgence. A confirmed higher low with strong momentum could set the stage for the next leg higher. Avoid entering above $1.60 unless volume breaks out decisively.
Momentum is building. Don’t sleep on this continuation wave.
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