$ASR /USDT – BEARISH RETEST AFTER FAKEOUT ⚠️📉
$ASR /USDT is showing signs of weakening momentum, currently trading at $2.152 (- off highs), below the short-term MA(7) of $2.171. A failed push above resistance at $2.186 suggests a bearish retest is in play. Caution is advised! 🐻
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🔍 Technical Overview
Current Price: $2.152
24h High / Low: $2.186 / $2.064
MA(7): $2.171 ❌ (price rejected below)
MA(25): $2.159 ❌
MA(99): $2.122 ✅ (long-term trend still intact)
MACD: Losing upward momentum
Volume: Strong at 1.91M USDT, but weakening at highs
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🛡️ Key Levels to Watch
Resistance Zone: $2.17 – $2.19 🔴 (major rejection area)
Immediate Support: $2.12 🟢
Critical Support: $2.06 (break below = strong bearish signal)
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🎯 Trade Setup – SHORT ENTRY
Entry: $2.15 - $2.17 (if price fails again at $2.17 zone)
Target 1 (TP1): $2.12 📉
Target 2 (TP2): $2.06 🚨
Stop Loss (SL): $2.19 🔺 (above recent high)
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🧠 Risk Management
Keep risk limited to 1-2% of your portfolio. Enter only on clear rejection w/ confirmation. Set tight SL and take partial profits as targets approach. 🛡️
🐻 Don't fight the signals — the bulls may be losing steam for now! 📊⏳
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