🪙 $ASTER
🟢 LONG | 1H
🟢 Entry: 0.7750 — 0.7800
🛑 Stop: 0.7600
🟢 TP1: 0.8300
🟢 TP2: 0.8672
🟢 TP3: 0.8800
📈 Experienced a sweep of the 24h high at 0.8672 with a large upper wick, showing distribution and exhaustion of momentum as volume drops to 5.9M versus an MA5 of 50.3M. However, the overarching trend remains strong with a bullish EMA cluster, green Supertrend, and bullish MACD. Entry is set on a deep pullback to the EMA25 zone following distribution, with a stop loss placed safely below the EMA25. TP1 targets the upper Bollinger Band area for an R:R of ~1:2.8, TP2 aims at the previous high, and TP3 is set on expansion. ⚠️ Warning: If the price fails to retrace to the 0.78 entry zone, skip the setup entirely. Utilize a 1% risk allocation.
⚠️ Disclaimer: Not financial advice!
🪙 $ASTER
🟢 LONG | 1H
🟢 Entry: 0.7750 — 0.7800
🛑 Stop: 0.7600
🟢 TP1: 0.8300
🟢 TP2: 0.8672
🟢 TP3: 0.8800
📈 Experienced a sweep of the 24h high at 0.8672 with a large upper wick, showing distribution and exhaustion of momentum as volume drops to 5.9M versus an MA5 of 50.3M. However, the overarching trend remains strong with a bullish EMA cluster, green Supertrend, and bullish MACD. Entry is set on a deep pullback to the EMA25 zone following distribution, with a stop loss placed safely below the EMA25. TP1 targets the upper Bollinger Band area for an R:R of ~1:2.8, TP2 aims at the previous high, and TP3 is set on expansion. ⚠️ Warning: If the price fails to retrace to the 0.78 entry zone, skip the setup entirely. Utilize a 1% risk allocation.
⚠️ Disclaimer: Not financial advice!
🪙 $ASTER