Technical analysis by AltcoinPiooners about Symbol ASR: Buy recommendation (8/16/2025)

AltcoinPiooners

ASRUSDT Trading Levels: Entry: 1.00 (4.420 USDT) - The level where the initial purchase is planned. DCA (Dollar-Cost Averaging): 1.135 (3.832 USDT) - An additional buying point if the price declines. SL (Stop Loss): 1.272 (3.235 USDT) - The level where the loss would be limited. TP (Take Profit):TP1: 0.786 (5.352 USDT) TP2: 0.618 (6.084 USDT) TP3: 0.5 (6.598 USDT) TP4: 0 (8.776 USDT) - A significantly lower target, likely an error or long-term goal. RSI (Relative Strength Index) Indicator: The current RSI value is 19.55, which is in the oversold territory (below 30). This suggests the price may be undervalued, potentially indicating a buying opportunity or an upcoming rebound. Analysis and Interpretation: Strategy: The chart uses Fibonacci levels to determine entry, exit, and loss points. The entry is set at 4.420 USDT, with a DCA at 3.832 USDT if the price drops further, and a stop loss at 4.735 USDT to protect capital. Profit Targets: TP1 to TP3 are based on Fibonacci extension levels (0.786, 0.618, 0.5), indicating a technical approach to taking profits as the price rises. TP4 at 0.776 USDT seems unrealistically low and is likely a mistake. RSI: The low RSI value (19.55) indicates an oversold condition. This could suggest a potential reversal or upward movement, especially if buying pressure increases following the recent decline. Recommendation: Monitor the price closely around the entry level (4.420 USDT) and DCA (3.832 USDT). The oversold RSI suggests a possible buying opportunity, but caution is advised due to the recent sharp drop.TP 1 ✅ +22.38% PROFIT 🏆 You don’t have to be great to start, but you have to start to be great. Interested for Premium 👉 t.me/Altcoin_Piooners Follow for signals! 🔥 #Crypto #Stablecoin Follow for signals! 🔥 #Crypto #Stablecoin