📢 $ASTS / $USDT | 🔴 SHORT | ⭐ 77.3%
🎯 Objective: $57.953. Is it still falling?
🎯 Trading levels:
🟢 Entry: $58.68
🛑 Stop Loss: $59.1162
🏁 TP1: $57.953
🏁 TP2: $57.8076
🏁 TP3: $57.5168
📉 Analysis:
The market structure in $ASTS / $USDT shows a completely bearish alignment across all timeframes, confirmed by an ADX of 32.84 indicating a strong trend. The 20 and 50 EMAs maintain a bearish profile and the price is below the POC (Point of Control) at $61.0588, reflecting clear sustained selling pressure with order absorption at key levels.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The stop loss at $59.1162 invalidates our bearish thesis in the event of any upward structural break. The trade strictly depends on sell volume maintaining control below the immediate resistance zone in order to seek support at $57.7.
Do you think the current selling volume is enough to break the $57.7 support?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #ASTS #trading #Futures #Bearish
🎯 Objective: $57.953. Is it still falling?
🎯 Trading levels:
🟢 Entry: $58.68
🛑 Stop Loss: $59.1162
🏁 TP1: $57.953
🏁 TP2: $57.8076
🏁 TP3: $57.5168
📉 Analysis:
The market structure in $ASTS / $USDT shows a completely bearish alignment across all timeframes, confirmed by an ADX of 32.84 indicating a strong trend. The 20 and 50 EMAs maintain a bearish profile and the price is below the POC (Point of Control) at $61.0588, reflecting clear sustained selling pressure with order absorption at key levels.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The stop loss at $59.1162 invalidates our bearish thesis in the event of any upward structural break. The trade strictly depends on sell volume maintaining control below the immediate resistance zone in order to seek support at $57.7.
Do you think the current selling volume is enough to break the $57.7 support?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #ASTS #trading #Futures #Bearish
