Buddies $ASR is showing strong bullish momentum with a solid breakout, currently trading at $5.656, marking a +17.54% gain in the last 24 hours.
After forming a solid base at $5.03, the price surged past the short-term moving averages (EMA 7 & 25) and is now challenging the EMA(99) resistance zone near $4.51. The surge in volume further confirms buyer interest and supports the bullish momentum shift.
📈 Trade Setup for Spot & Futures (Long)
- Entry Zone: $5.52 – $5.65
- Stop Loss: Below $5.00
- Take Profit Targets:
🎯 TP1: $5.90
🎯 TP2: $6.15
🎯 TP3: $6.75
📊 Market Insight
- RSI(6): 85.92 — indicates extreme bullish momentum and an overbought zone
- EMA(7) > EMA(25) with price now trading far above the 99 EMA
- Volume has spiked — confirming strong bullish conviction
- Higher low formation near $5.03 suggests structure reversal from accumulation to breakout
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