$ASTER: Strong Rejection at Trendline Resistance: $ASTER Short Entry
SHORT SETUP ASTER
Entry: $0.72950 - $0.73100
Stop Loss: $0.75650
Take Profit: $0.67775 (2R)
Key Levels: Support $0.71030 | Resistance $0.73100
Technical Analysis for $ASTER: Price sits at the 4hour swing high around 0.731, touching the Bollinger upper band. RSI 72 and Stochastic 100 signal overbought conditions, while MACD remains bullish. The lack of a 1hour resistance and a clear 1hour support at 0.7103 suggest a potential pullback. Watch for a break below 0.7267 to confirm the short bias; a bounce above 0.735 could invalidate
Market Context: BTC remains bullish on both 4hour and daily frames, keeping overall market sentiment broadly positive, though ASTER may face a corrective move
Will resistance cap a bounce, or can buyers reclaim it? Follow for more data-led market setups.
SHORT $ASTER
SHORT SETUP ASTER
Entry: $0.72950 - $0.73100
Stop Loss: $0.75650
Take Profit: $0.67775 (2R)
Key Levels: Support $0.71030 | Resistance $0.73100
Technical Analysis for $ASTER: Price sits at the 4hour swing high around 0.731, touching the Bollinger upper band. RSI 72 and Stochastic 100 signal overbought conditions, while MACD remains bullish. The lack of a 1hour resistance and a clear 1hour support at 0.7103 suggest a potential pullback. Watch for a break below 0.7267 to confirm the short bias; a bounce above 0.735 could invalidate
Market Context: BTC remains bullish on both 4hour and daily frames, keeping overall market sentiment broadly positive, though ASTER may face a corrective move
Will resistance cap a bounce, or can buyers reclaim it? Follow for more data-led market setups.
SHORT $ASTER
