$ASTER is pushing into a heavy overhead supply zone, and the momentum that fueled this leg is starting to flatten out. Price action ko structure herda, buyers exhaust hudai gako jasto dekhincha exactly the kind of setup where a failed continuation often unfolds.
Currently trading around $0.659, right inside the reaction zone.
Trade Plan - SHORT $ASTER
Entry Zone ::: 0.635 0.667
Stop Loss :::::: 0.697
TP1 ; 0.592
TP2 ; 0.545
TP3 ; 0.498
Why This Setup?
Overhead Supply Active - Price is
tagging a zone where sellers have historically stepped in with size.
Momentum Flattening - The recent
vertical move has expanded quickly, but follow-through is fading. Classic exhaustion signal near resistance.
Vulnerable Structure - Higher highs are losing strength; buyers may be running out of fuel right where supply tends to respond.
Rejection = Rotation - If this zone rejects cleanly, downside rotation toward lower support levels (0.59 → 0.54 0. becomes the path of least resistance.
⚡ Risk Management
Scale into the entry zone full size at one price. don't dump
Respect the SL at 0.697 - invalidation means structure has flipped bullish.
Book partials at each TP, trail the rest.
Risk only what you can afford to lose.
This is not financial advice.
Are you shorting this rejection or waiting for confirmation? Drop your bias in the comments!