Been a rough week for $ASTS , down almost 29% in 7 days and finally found some footing at that $40 psychological levelđ
Weâre seeing a strong 4H green candle right now pushing back to $43.11, and volume is starting to pick up on this bounce.
Not trying to catch a falling knife blindly, but this looks like a solid relief rally setup.
The Play (Long):
đ Entry: $43.00 - $43.20 (current market)
đ Stop Loss: $39.70 (hard invalidation if we lose the recent swing low)
đŻ Target 1:$45.00 (previous support turning resistance).
đŻ Target 2: $47.50 (if we get momentum back)
Keep your size small on this one, it's a counter-trend scalp until we actually reclaim $45 on the 4H.
Don't get greedy.
NFA. DYOR. Manage your risk. đ€
$ASTS
Weâre seeing a strong 4H green candle right now pushing back to $43.11, and volume is starting to pick up on this bounce.
Not trying to catch a falling knife blindly, but this looks like a solid relief rally setup.
The Play (Long):
đ Entry: $43.00 - $43.20 (current market)
đ Stop Loss: $39.70 (hard invalidation if we lose the recent swing low)
đŻ Target 1:$45.00 (previous support turning resistance).
đŻ Target 2: $47.50 (if we get momentum back)
Keep your size small on this one, it's a counter-trend scalp until we actually reclaim $45 on the 4H.
Don't get greedy.
NFA. DYOR. Manage your risk. đ€
$ASTS