$ASR /USDT short trade signal 🚦 🛑
BEARISH REVERSAL AFTER SHARP SPIKE – DOWNSIDE PRESSURE BUILDING
$ASR surged explosively to $2.32 but failed to hold gains, forming a sharp wick and triggering a strong rejection. Price is now sliding with clear lower highs and lower lows on the 15-min chart, suggesting momentum is flipping bearish. Current price is around $1.72 and further downside could follow if support levels break.
Trade Setup:
Short Entry: $1.72 – $1.78
Take-Profit (TP): $1.60 / $1.48
Stop-Loss (SL): $1.88
Market Outlook:
The parabolic move has reversed swiftly, and the inability to reclaim $2.00 shows strong selling pressure. If $1.70 fails to hold, ASR may revisit lower support zones. Caution advised for late bulls.
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