$AR Analysis: Arweave (AR)
Today, Arweave (AR) demonstrates moderate bearish momentum, trading below its critical support levels. The current price of **$21.71** suggests a struggle to maintain upward momentum amid broader market uncertainty. The lack of significant volume and seller dominance further pressures AR’s potential breakout.
For bullish recovery, AR must regain strength above **$22.50**, setting the stage for higher targets. If it fails, a downward trajectory towards **$20.50** is probable. The market sentiment and technical indicators currently favor caution for short-term traders.
Suggested Strategy:
- **Buy Price:** $20.00 - $20.50
- **Target Price:** $22.50 - $23.00
- **Sell Price:** Below $20.00
Investors should monitor AR’s price action for clarity on trend reversal or further declines.