📢 $ASTS / $USDT | 🔴 SHORT | ⭐ 65.8%
🎯 Target: $56.904. Is it still falling?
🎯 Trading levels:
🟢 Entry: $58.2
🛑 Stop Loss: $58.9776
🏁 TP1: $56.904
🏁 TP2: $56.6448
🏁 TP3: $56.1264
📉 Analysis:
The structure of $ASTS shows a complete bearish alignment across all timeframes, confirmed by a triple-top pattern. The ADX of 39.02 indicates a trend with consolidated strength, while the RSI of 28.43 and the bearish MACD crossover (the indicator that measures momentum and price direction) confirm the prevailing selling pressure. Price is trading below the 20 and 50 EMAs, validating structural weakness after rejection in the POC area (Point of Control) at $61.0588.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The invalidation level is strictly set at the stop loss, protecting the position against a potential test of higher liquidity. The thesis remains valid as long as the selling-absorption volume continues to exceed demand at the immediate support of $57.7.
Do you think the $57.7 support has enough liquidity to stop this bearish impulse?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ASTS #trading #Futures #Bearish
🎯 Target: $56.904. Is it still falling?
🎯 Trading levels:
🟢 Entry: $58.2
🛑 Stop Loss: $58.9776
🏁 TP1: $56.904
🏁 TP2: $56.6448
🏁 TP3: $56.1264
📉 Analysis:
The structure of $ASTS shows a complete bearish alignment across all timeframes, confirmed by a triple-top pattern. The ADX of 39.02 indicates a trend with consolidated strength, while the RSI of 28.43 and the bearish MACD crossover (the indicator that measures momentum and price direction) confirm the prevailing selling pressure. Price is trading below the 20 and 50 EMAs, validating structural weakness after rejection in the POC area (Point of Control) at $61.0588.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The invalidation level is strictly set at the stop loss, protecting the position against a potential test of higher liquidity. The thesis remains valid as long as the selling-absorption volume continues to exceed demand at the immediate support of $57.7.
Do you think the $57.7 support has enough liquidity to stop this bearish impulse?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ASTS #trading #Futures #Bearish
