The direction is very strong Bearish $ASTER
- The upward structure has been broken several times with descending CHoCH
- Liquidity has been gathered above Equal Highs 1.20–1.26
- The Liquidity Heatmap indicates a massive accumulation of longs below 1.09–1.00 with more than 514k leverage
The market is going to hunt the liquidity below
The main target is 1.04–1.00 Discount area + Equal Lows
Short
🔴 Entry 1.159–1.165 current rejection area
🛑 Stop 1.192
🎯 Target 1 1.10
🎯 Target 2 1.04–1.06
🎯 Target 3 1.00
Respectable RR 1:5 to 1:8
Warning: A temporary rebound may occur to gather more liquidity above 1.20 before the final drop, so if you enter, keep the stop respectable
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ASTERUSDT
Perp
0.9465
-1.47%