🚨 $ASR SHORT UPDATE – TP2 HIT ✅

🚨 $ASR 1H PARABOLIC MOVE EXHAUSTION ⚡

🔴 SHORT SETUP

Entry: $1.96 – $2.05

Stop Loss: $2.22

TP1: $1.78

TP2: $1.62

TP3: $1.45

Technical Breakdown

ASR has printed a near-parabolic move with a +30% daily expansion, pushing price deep into short-term overextension territory. On the 1H chart, price failed to hold above the $2.00–$2.05 zone after multiple attempts, signaling buyer exhaustion following aggressive upside momentum. Recent candles show long upper wicks and weaker closes, suggesting distribution rather than continuation.

On the 4H timeframe, price is stalling just below the local high near $2.12 with no clean structure hold, while volume spikes align with rejection candles — a classic post-pump absorption signal. Lower timeframes confirm fading momentum as price struggles to build higher highs. As long as ASR stays below $2.05, this short bias remains valid — a clean reclaim and hold above $2.22 would invalidate the setup.

Bias remains valid until invalidated. Trade with risk management.

#FutureTrading #ASR

{future}(ASRUSDT)