$ASR /USDT – Short Trade Setup
ASR/USDT is showing signs of rejection after testing resistance near $5.40–$5.45. The recent candle formation on the 15-minute chart suggests weakness, with selling pressure increasing. This opens up a potential short opportunity.
📉 Short Position Details:
Entry Zone: $5.26 – $5.30
Stop Loss (SL): $5.42
Target Point (TP): $4.95
Trade Rationale:
Strong resistance formed near $5.40–$5.45
Bearish reversal candlestick visible on 15m timeframe
Lower highs pattern is forming
High 24h volume suggests volatility remains strong
Risk Management Tip:
The risk-to-reward ratio is favorable (~1:2.5). Use proper position sizing and monitor the 15m trend for confirmation before entering.