$ASTER This resistance rejection looks like a short. 🔻
Entry: 0.6990–0.7050
TP1: 0.6907
TP2: 0.6679
TP3: 0.6275
SL: 0.7188
Leverage: 3x–5x
The setup
$ASTER is compressing near the 0.705 zone after a clean rejection from 0.7188. The long/short ratio by accounts sits at 2.76, showing heavy bullish positioning, but price is drifting lower. OI is steady, and funding is positive at 0.005%. The order book shows 60.98% asks, meaning sellers are actively capping the upside. If 0.6907 breaks, the next target is 0.6679.
Is this a pause before another leg up or the start of a deeper pullback?
Trade safe. Not advice.
Trade here 👇🏻
Entry: 0.6990–0.7050
TP1: 0.6907
TP2: 0.6679
TP3: 0.6275
SL: 0.7188
Leverage: 3x–5x
The setup
$ASTER is compressing near the 0.705 zone after a clean rejection from 0.7188. The long/short ratio by accounts sits at 2.76, showing heavy bullish positioning, but price is drifting lower. OI is steady, and funding is positive at 0.005%. The order book shows 60.98% asks, meaning sellers are actively capping the upside. If 0.6907 breaks, the next target is 0.6679.
Is this a pause before another leg up or the start of a deeper pullback?
Trade safe. Not advice.
Trade here 👇🏻
