Is #ASR heading into free fall?
What is happening with the fan token?
The fan token ASR/USDT, which reached a high of $3.409 in the last 24 hours, shows clear signs of correction. After an explosive increase of +31%, the price retraced to $3.063, breaking the upper Bollinger band and showing weakness in the MACD, which now stands at -0.026.
The volume remains high, but the indicators suggest increasing selling pressure: the Order Book reflects 52.90% demand versus 47.10% supply, and the 15-minute moving average indicates a loss of momentum.
Traders are alert, as if the $3.00 support is broken, #ASR could accelerate its decline towards levels close to $2.90 or lower. Caution is advised for those looking to enter now, as the correction could intensify in the coming hours.
📉 Do you think #ASR will regain strength or are we witnessing the start of a prolonged decline? Share your opinion with us.