$ASR /USDT BEARISH COLLAPSE – FAN TOKEN FACES HEAVY SELL PRESSURE AFTER MASSIVE DROP!

The $ASR/USDT pair has plunged over 25% in the last 24 hours, signaling a sharp bearish momentum. Price broke below key support at $1.70, turning it into resistance. The heavy volume spike and long bearish candles indicate panic selling and lack of buyer defense. Unless the price reclaims the $1.80 zone, further downside remains likely as the market structure has turned decisively bearish on both short and mid-term timeframes.

Trade Setup:

🔻 Short Entry: $1.70 – $1.68

🎯 Targets (TP): $1.55 / $1.42 / $1.30

🛑 Stop Loss (SL): $1.82

Market Outlook:

The momentum currently favors sellers as ASR continues to bleed under strong market pressure. If bearish sentiment across fan tokens persists, ASR could test psychological support around $1.20–$1.00 before any potential recovery bounce. Watch for decreasing volume as a sign of exhaustion before considering reversal entries.

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