$ASR /USDT – Bearish Structure with Lower Highs

Trade Type: Short

Entry: 1.225 – 1.240

Stop Loss: 1.265

Take Profit 1: 1.200

Take Profit 2: 1.170

Take Profit 3: 1.130

Price is trending downward after a sharp rejection from the 1.285 high, forming consistent lower highs and weak recovery attempts. The overall structure reflects sustained selling pressure.

Supertrend remains bearish and is acting as dynamic resistance around the 1.235 zone, limiting upside continuation. Current price action near 1.22 shows consolidation within a downtrend.

Seller dominance is evident with repeated rejection near resistance and lack of strong bullish momentum. Any move into the entry zone is likely to face selling pressure, targeting lower support levels.

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