$ASR /USDT – BEARISH MOVE IN PLAY! ⚠️📉
The fan token $ASR /USDT is currently showing bearish momentum, trading at $1.966 (-5.34%), after failing to hold key levels.
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🔍 TECHNICAL OVERVIEW
Current Price: $1.966
24h High / Low: $2.085 / $1.936
MA(7): $1.972 ⬆️
MA(25): $1.958 ➡️
MA(99): $2.019 ⬇️
MACD: Bearish crossover showing selling pressure
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📉 KEY LEVELS
Resistance Levels:
🔺 $2.02 – Strong resistance from MA(99)
🔺 $2.08 – 24h high and key breakout point
Support Levels:
🔻 $1.93 – Local support & today's low
🔻 $1.85 – Next demand zone if breakdown continues
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💼 TRADE SETUP: SHORT ENTRY
Entry: $1.966 – Current price
Target 1: $1.93 🥅
Target 2: $1.85 🥅
Stop Loss: $2.025 (Above MA(99) & resistance) 🚫
📝 Confirmation: Wait for a 15min or 1h candle close below $1.94 for stronger bearish bias.
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🛡️ RISK MANAGEMENT
✅ Use 2-3% of your capital per trade
✅ Stick to your stop-loss, don’t chase the market
✅ Watch volume spikes and price action near support
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⚠️ Trend: Bearish | 🐻 Momentum: Weakening Support | 📉 Short-term Pressure On
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