šØ SIGNAL ALERT: $ASTER USDT (Oversold Bounce)
ASTER/USDT has just experienced a massive drop from $2.40 to $0.65. Currently, selling pressure is starting to wane and technical indicators are screaming "Oversold".
Here is the Highest Probability Scenario (65%):
š DIRECTION: LONG (COUNTER-TREND)
š Entry Zone: $0.6750 - $0.6850
(Leverage the current price which is consolidating in the lower area)
ā” Leverage: 10x - 20x (Isolated/Cross)
(Use moderate leverage because volatility is still high)
š Stop Loss: $0.6540
(Must be placed below the last Low Wick of $0.6579 to avoid a stop-loss hunt)
šÆ Take Profit Targets:
TP 1: $0.7050 (Quick Scalp Target)
TP 2: $0.7280 (15m Resistance Area)
TP 3: $0.7850 (Reclaim Old Support)
š” Technical Insight:
Why High Probability?
On the 1 Hour Timeframe (1H), the StochRSI indicator is exactly at 0.00. This is a very rare condition and usually triggers automatic buying algorithm responses (bot buying) to balance the price (Mean Reversion) back to at least the $0.70 - $0.72 area.
ā ļø Disclaimer: The main trend is still very Bearish (Down). This signal only takes advantage of a temporary bounce (Dead Cat Bounce). Don't be greedy, secure profits as soon as possible. DYOR.
#QueenChart #ASTER #CryptoSignals #OversoldGem
