$ASTER — Sell-the-Rally Bias
SHORT
Entry: 0.6070 – 0.6120
Stop-Loss: 0.6175
TPs: 0.5950 → 0.5870 → 0.5810
Price continues to struggle on rallies, with sellers repeatedly stepping in at the EMA(7) and EMA(25) confluence. The market has failed to accept above these levels, clearly signaling ongoing selling pressure.
Current price action is choppy and overlapping, showing no real bullish momentum or follow-through. The structure remains heavy, and the most recent swing high is being firmly defended by sellers.
The idea is straightforward: sell strength into the EMA cluster, targeting the recent low first, then the deeper liquidity resting below 0.5870.
A clean close above the EMA(99) at 0.6244 would invalidate this near-term bearish setup and require a reassessment.
Trade here👇
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