🔴 $ASTER
– Short Bias Review
Current Price: ~0.654
Your entry at 0.65 makes sense only if this zone continues to act as supply.
🧠 Structure Read
Price is pushing into a prior distribution / rejection zone
Recent upside looks corrective, not impulsive
Momentum expansion up ≠ acceptance (important distinction)
This area has already shown seller response before
So the idea is valid, but execution matters here.
🎯 Trade Plan (Refined)
Entry (Sell)
Primary: 0.65–0.66
Best case: rejection wick or failure to hold above 0.66
⚠️ Blind selling is risky — ideally you want:
Lower timeframe rejection
Failure to hold above VWAP / local highs
Weak follow-through after the push
Stop Loss
0.69 ✅
This is clean — above the range high = idea invalidated
No argument here.
Targets (Well Structured)
TP1: 0.61 → prior reaction / liquidity pocket
TP2: 0.56 → value node + prior base
TP3: 0.50 → full mean reversion / trend continuation target
💡 Suggestion:
Take partial at TP1
Move stop to BE or 0.66
Let the rest run if momentum expands