$ASR in consolidation mode preparing for a breakout — the tight range may trigger volatility soon
ASRUSDT has entered a lengthy consolidation phase between $2.08 and $2.10, building a tight structure above the support level in the mid-range. The hourly chart shows repetitive candles with low volatility, indicating an imminent breakout. If the bulls reclaim $2.10 with trading volume, momentum could quickly shift to a strong upward movement.
Trade Setup: Long trading signal
Entry Zone: 2.084 – 2.088
Take Profit 1: 2.105
Take Profit 2: 2.130
Stop Loss: 2.071
Market Outlook
ASR is consolidating in a tight sideways channel with a slight upward bias. Prices are respecting the horizontal support level at $2.08 and forming higher lows in the structure. If the bulls break above $2.10, a breakout acceleration is very likely.
Buy and trade here on $ASR
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