$ASTER | THE SIGNAL š¹
[SHORT š“]
[TOP RANGE REJECTION ā SELLERS MAY SLAM THIS BACK DOWN]
š ENTRY : $0.6690 ā $0.6720
š”ļø STOPS : $0.6775
šÆ GOALS : $0.6615 ā $0.6550 ā $0.6485
š STRUCTURE:
ASTER is trading inside a clear range and has now pushed back into the upper resistance zone near $0.6710ā$0.6740, where price previously got rejected. The recent move up looks like a recovery leg, but price is now stalling at the top of the range.
This creates a high-probability short setup because the market is approaching a known supply area and failing to break cleanly above it.
This setup is valid if price continues to reject the $0.6740 resistance and starts rolling over back into the range.
š„ MOMENTUM:
Volume is not expanding aggressively on the push upward, suggesting buyers are not strong enough to force a breakout. RSI is likely near neutral-to-bullish but flattening, which supports a potential reversal.
Sellers gain control if price fails to reclaim and hold above $0.6740.
āļø RATIO:
Risk:Reward ā 1:1.2 (TP1) / 1:2 (TP2) / 1:3+ (TP3)
š«¶ ENDING LINE:
SHORT THE REJECTION ā STAY DISCIPLINED.
Follow Catgirl | Discipline over Hype