$ASR has climbed to $2.54, marking a solid 8.5% intraday gain, but the rally is losing steam just below a crucial resistance level at $2.58. Despite the price action, trading volume remains unimpressive, casting doubt on the strength of this upward move.
⚠️ Potential Short Opportunity:
Entry Range: $2.53 – $2.58
Target Levels: $2.49 ➤ $2.37 ➤ $2.25
Stop-Loss: $2.62
If bulls can’t push beyond resistance with conviction, a pullback looks likely. This setup offers a clear risk-to-reward ratio for short sellers watching the zone closely.
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