$ASR /USDT BEARISH MOMENTUM BUILDING – WATCH FOR A POTENTIAL BREAKDOWN BELOW KEY SUPPORT

Immediate Explanation:

The $ASR/USDT pair is showing signs of bearish pressure as the price fails to hold above the $2.05 level, with consistent lower highs and declining volume. The 24h low at $2.031 is dangerously close to being retested, and if broken, could trigger further downside. The latest 4h candle is rejecting from $2.13 resistance, indicating selling strength. Momentum indicators like RSI and MACD (not shown here but inferred by trend behavior) likely lean bearish.

Trade Setup:

Short Entry: $2.04–$2.045

Take Profit (TP): $2.00 / $1.96

Stop Loss (SL): $2.13

Market Outlook:

The market is leaning bearish with a short-term trend favoring sellers. A clean breakdown below $2.03 could trigger a quick drop to the psychological $2.00 support zone. Bulls must reclaim $2.13 convincingly to shift the bias.

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