đ„ $ASR seems to be riding a solid bullish breakout wave, but Iâve got a hunch we might see a little pullback coming up. Hereâs what Iâve been noticing lately:
Looking at the volume, there was this massive spikeâaround 64 millionâtied to the last breakout candle. What caught my eye is that the volumeâs still hanging above the typical average, which makes me think thereâs genuine excitement driving this. On the flip side, it feels like the volumeâs starting to taper off a bit, and thatâs got me thinking we might be heading into a consolidation phase for now.
Capital Flows
- Spot Market: Over the last 24 hours, weâve seen a net positive of 578k, and over 7 days, itâs up to 784k. To me, this screams underlying buying pressureâpeople are definitely jumping in!
- Perpetual Market: There were some decent outflows recently (-336k over 4 hours), which might mean folks are taking profits. But looking at the bigger picture, the 3-day, 5-day, and 7-day inflows (556k, 3.58M, and 7.18M) show a solid bullish vibe overall.
My Plan $ASR : cautiously bullish here. Iâd say itâs a good time to prep for a long position if we see a dip.
- Entry Strategy:
- My main plan is to wait for a pullback to the 1.505-1.520 rangeâthereâs some solid support there based on the MA5 volume profile.
- If the price manages to break above 1.687 and we see some solid volume kicking in to support it, I reckon that could be a pretty sweet secondary spot to jump in!
- Stop-Loss: around 1.455 if jump in at 1.505.
- Target Zones $ASR
- For a conservative play, eyeing 1.780
- If things really heat up, push for 1.910

Risk Note: Weâre currently 2.18% below the daily high, so Iâd avoid chasing the price right now. Also, the negative funding rate has me a bit on edgeâcould mean some volatility ahead. #asr #asrusdt #ASRomaFanToken
