$ASR
/USDT BEARS IN CONTROL — SUPPORT LEVELS UNDER PRESSURE
ASR has dropped over 8% in the last 24 hours, sliding from $6.72 highs to test the $5.94 support zone. Price action remains below the $6.03 average level, with consistent lower highs and lower lows confirming strong selling pressure. A breakdown below $5.93 could open the door for further downside.
Trade Setup:
Entry (Short): $6.00 – $6.05
Target 1: $5.93
Target 2: $5.85
Stop Loss: $6.12
Market Outlook:
Trend remains bearish with no signs of a reversal yet. Volume and momentum favor sellers, so traders should remain cautious on long entries until a confirmed breakout above $6.15 occurs. Short setups remain favorable near resistance zones.