$ASTER | THE SIGNAL 🏹
[SHORT 🔴]
[TOP RANGE REJECTION — SELLERS MAY SLAM THIS BACK DOWN]
🚀 ENTRY : $0.6690 — $0.6720
🛡️ STOPS : $0.6775
🎯 GOALS : $0.6615 — $0.6550 — $0.6485
📖 STRUCTURE:
ASTER is trading inside a clear range and has now pushed back into the upper resistance zone near $0.6710–$0.6740, where price previously got rejected. The recent move up looks like a recovery leg, but price is now stalling at the top of the range.
This creates a high-probability short setup because the market is approaching a known supply area and failing to break cleanly above it.
This setup is valid if price continues to reject the $0.6740 resistance and starts rolling over back into the range.
🔥 MOMENTUM:
Volume is not expanding aggressively on the push upward, suggesting buyers are not strong enough to force a breakout. RSI is likely near neutral-to-bullish but flattening, which supports a potential reversal.
Sellers gain control if price fails to reclaim and hold above $0.6740.
⚖️ RATIO:
Risk:Reward ≈ 1:1.2 (TP1) / 1:2 (TP2) / 1:3+ (TP3)
🫶 ENDING LINE:
SHORT THE REJECTION — STAY DISCIPLINED.
Follow Catgirl | Discipline over Hype