$ASTER WHALER WARNING 🚨
Short ASTER Trading Plan (10x)
Entry: 0.6700 – 0.6950
SL: 0.7250
TP1: 0.6200
TP2: 0.5850
TP3: 0.5500
There are signs of whale activity on ASTER. Pushes up to the 0.6700 – 0.6950 region could be a trap before distribution. The current movement looks quite heavy, and the overall structure still leans towards sellers. It's worth trying a short order with controlled risk.
SL is placed at 0.7250, a fairly clean level, above the resistance zone. If it gets swept, no regrets. If the downward pressure continues, targets of 0.6200 → 0.5850 → 0.5500 are entirely feasible.
The gap between entry and stop loss is quite wide (~4.3-8.2%). Divide your capital and manage risk well. The targets are far apart (~7.5-14% from entry), so be patient and take profits gradually.
Whalers, is there a sharp drop after distribution? Have you entered yet? Comment to discuss!