Oh opportunity snatchers 🎯, our attention today is directed towards the currency $ASR that is witnessing remarkable artistic movement and a correction that might open the door for a smart entry.
Why we will monitor currency $ASR
The currency achieved a massive price surge today with an increase of 43.15%. After reaching a peak at $2.077, it started a natural correction and is now testing the strength of the EMA(25) moving average as a support area. The RSI indicator has dropped to levels of 47.75, indicating the removal of the "overbought" condition and the price's readiness to catch its breath before returning to test nearby resistance levels. The volume is still very high, confirming that the momentum is not over yet.
Trade details (with weighted numbers, entry range, and close stop):
Entry range: between $1.860 and $1.885 📥
Targets: 🎯
First target: $1.980
Second target: $2.077 (return to the peak achieved today)
Stop loss: $1.815 🛡️ (a carefully studied stop below the EMA25 average to reduce risk)
Don't forget, my friend, to follow and like to receive all my updates about cryptocurrencies and very important updates like currency news and how that affects the market either positively or negatively.
$LIGHT



