\$ASR
is experiencing a steep upward move, skyrocketing from the 4.5 range to over 7.6 within a few hours, forming a large bullish candle on the 4-hour timeframe. This surge reflects intense buying interest and rising volume. Holding above the 7.2 mark could pave the way for continued gains and a potential sustained uptrend.
🔹 **Long Position Strategy (4H Timeframe)**
* **Ideal Entry:** 7.500 – 7.650 (look for a slight dip or breakout confirmation)
* **Risk Limit:** 7.100 (below recent demand zone)
* **Profit Goals:**
• Target 1: 8.000
• Target 2: 8.400
• Target 3: 9.000 (if strength persists)
🧠 **Market Perspective:**
ASR has transitioned into a solid bullish phase after an extended period of sideways action. A close beyond 8.00 could validate a continuation of the rally. Keep an eye on trading volume to support this move.