🚨 $ASR TRADE SETUP 👀
📉 ASR TRADE PLAN
Bias: SHORT (mean-reversion play)
Entry: $1.88 – $1.95
TP1: $1.75
TP2: $1.62
TP3: $1.48
SL: $2.05
ASR just made a blow-off move (+42%) and is now pulling back to $1.83. Trend is still up, but momentum is overheated and profit-taking is active. This favors a short-term pullback trade, not chasing highs.
🧠 Why SHORT
• RSI 72+ → overbought
• Large-order outflows after the pump
• Long/short ratio collapsed → volatility spike risk
• Upper Bollinger Band rejection area
• Broader market still in Fear
⚠️ Invalidation
If price reclaims and holds above $2.05, shorts are invalid — trend continuation toward $2.20+.
Fast moves expected. Use tight risk 📊🔥
