$ASTER /USDT — Pullback Rejection, Short Setup
On the 4-hour timeframe, the overall trend remains bearish, with price trading below its major moving averages. This keeps the broader bias firmly to the downside.
On the 1-hour chart, price has made a temporary push above the EMA50, creating a short-term relief bounce. Since this move goes against the higher-timeframe trend, it presents a pullback zone to look for fresh short entries.
The confirmation trigger is a move back below the 1H EMA50, supported by the 15-minute RSI dropping under 50. This signals that the bounce has failed and downside momentum is returning.
Why now? The 1H recovery is losing strength, setting up a clean transition into the next bearish leg and offering a favorable risk-to-reward entry aligned with the mid-term downtrend.
Short Trade Plan
• Entry (SHORT): Market execution between 0.956343 – 0.961293
• Target 1: 0.943966 — first support reaction
• Target 2: 0.939016 — continuation level
• Target 3: 0.929115 — extended downside target
• Stop-Loss: 0.973669 — invalidates the setup
The higher timeframe remains bearish, the current bounce is corrective, and momentum is rolling over. A breakdown below the 1H EMA50 confirms continuation, creating a high-probability short aligned with the prevailing trend.
