$ASTER losing structure on all timeframes, dead cat bounce into EMA resistance setting up a clean short.
trade plan: short $ASTER
entry: 0.6650 to 0.6750
stop loss: 0.6920
targets
tp1: 0.6450
tp2: 0.6307
tp3: 0.6100
move sl to entry after tp1.
click 👇 and short $ASTER
On Daily it is trading below all three EMAs with a bearish SAR at $0.7644, confirming the macro downtrend is fully intact. The 4H bounced from the $0.6307 low but remains under stacked EMA resistance between $0.6651 and $0.6808, making this bounce a likely distribution rather than a reversal. On the 1H, SAR is still bearish at $0.6757 and price is struggling to reclaim the EMA cluster, which is the trigger zone for the short entry. A rejection candle off the $0.6700 to $0.6750 supply area confirms the trade. The key risk is a broader market relief rally pushing aster through $0.6880 and invalidating the structure.
risk max 1 to 2%.