📉 $ASTER USDT SHORT SETUP – BEARISH REJECTION IN PLAY! 🔻🔥
🔴 Entry: 0.6639
🟢 Stop Loss: 0.7005 🛡️
🎯 Take Profit: 0.5993 🎯
ASTER is showing signs of short-term rejection after forming a local top on the 1-hour chart ⚠️
Price faced rejection near the $0.70 resistance zone and is now showing weakness, suggesting a possible correction toward lower levels 📉
💡 Technical Insight:
On the 1-hour timeframe, price is showing weakness at higher levels 📊
The 0.6755 – 0.7005 zone has turned into a clear supply zone, where selling pressure is increasing 🔻
As long as price stays below 0.70, the bearish structure remains valid
A move toward the 0.5993 support (blue line) is possible if selling momentum continues ⚡
⚠️ Trading Tip:
Short trades carry higher risk, especially if the overall market trend is bullish
When price approaches 0.6300, consider moving stop loss to entry to protect capital 🔑
#ASTERUSDT 📉 #Binance 🔥 #ASTERUSDT $ASTER
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