📉$ASTER USDT SHORT SETUP – BEARISH REJECTION CONFIRMED! 🔻🔥
🔴 Entry: 0.6639 (Resistance rejection zone)
🟢 Stop Loss: 0.7005 🛡️ (Above recent swing high for safety)
🎯 Take Profit: 0.5993 🎯 (Major support level)
ASTER has formed a local top on the 1-hour chart and clear signs of rejection are visible from there ⚠️
Price has rejected near the 0.70 resistance zone and now a downside correction seems likely 📉
💡 Technical Insight:
The price has shown weakness at higher levels on the 1-hour chart 📊
The 0.6755 – 0.7005 area has now become a strong supply zone where selling pressure is increasing 🔻
As long as the price holds below 0.70, the bearish structure will remain valid
A downside move to the 0.5993 blue support can be expected ⚡
⚠️ Trading Tip:
Short trades carry more risk, especially when the overall market is bullish
As soon as the price approaches around 0.6300, moving the SL to the entry will be better for protecting capital 🔑
#ASTERUSDT 📉 #Binance 🔥 #ASTERUSDT $ASTER
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