📢 $ASR / USDT | 🔴 SHORT | ⭐ 73%
🎯 Target: $0.77003465. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.7799
🛑 Stop Loss: $0.785381
🏁 TP1: $0.770035
🏁 TP2: $0.764554
🏁 TP3: $0.757977
📈 Analysis:
The asset shows a well-established bearish structure, with lower lows and lower highs on the 4-hour timeframe. We observe a support break accompanied by trading volume double the usual average, reflecting strong selling pressure in the market. The downtrend remains firm across multiple timeframes, confirming sellers' interest in continuing the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price forcefully crosses a key support or resistance level, which often indicates a continuation of the prevailing trend.
#crypto #ASR #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $0.77003465. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.7799
🛑 Stop Loss: $0.785381
🏁 TP1: $0.770035
🏁 TP2: $0.764554
🏁 TP3: $0.757977
📈 Analysis:
The asset shows a well-established bearish structure, with lower lows and lower highs on the 4-hour timeframe. We observe a support break accompanied by trading volume double the usual average, reflecting strong selling pressure in the market. The downtrend remains firm across multiple timeframes, confirming sellers' interest in continuing the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price forcefully crosses a key support or resistance level, which often indicates a continuation of the prevailing trend.
#crypto #ASR #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.