Bro, take it easy for a moment. There's a latest update for #ASTERUSDT (Astar Network) tonight. The probability is heavily skewed towards Short (77.8%) compared to Long (22.2%). ASTER seems to be under consistent selling pressure in the entry zone of 0.6813 – 0.6855 (mid around 0.6834).
Short side (77.8% win rate — Very High Probability):
Entry: 0.6813 – 0.6855
SL: 0.7034 (risk ~2.9% from mid-entry)
TP: 0.6684 (~2.2%), 0.6584 (~3.6%), down to 0.6434 (~5.8%).
This scenario is to anticipate if ASTER fails to hold above 0.68 and continues to correct seeking liquidity in the lower area. With such a high win rate, usually, seller pressure is quite stable if the entry area fails to be maintained by bulls.
Long side (22.2%):
SL: 0.6634 (risk ~2.9% from mid-entry)
TP: 0.6984 (~2.2%), 0.7084 (~3.6%), up to 0.7234 (~5.8%).
Just in case there’s a wild rebound or sudden positive sentiment from the Astar ecosystem. But looking at the probabilities, this side carries a much greater risk to take tonight.
Trader's Insight:
This trader has a very bearish bias, perhaps seeing ASTER losing steam after trying to break local resistance multiple times but failing. With a tight SL around 2.9%, this is a very disciplined protection to keep your capital safe from tonight's volatility.
Keep an eye on if the price stabilizes at 0.681 – 0.685 or there's a slight pullback to that area, only then enter. Don't FOMO chase, wait for a clear signal on a small timeframe (m5/m15). Price risk management is crucial. Go! 📉🚀
