Technical Analysis for $AR /USDT
Current Price: $17.64
Trend: Bullish (Up +10.39% in the last 24 hours)
24h High: $17.77 | 24h Low: $15.51
Support Level: $16.39 (potential strong support near this level)
Resistance Level: $17.77 (recent 24h high)
Trade Signal
Trade Setup: Buy above $17.00 with strong bullish momentum.
Momentum: Positive, with SAR at $17.00, showing upward potential.
Target Levels 🎯
1. First Target: $18.20 – A conservative resistance level above the current high.
2. Second Target: $19.00 – A more aggressive level based on broader trend analysis.
3. Third Target: $20.00 – Psychological resistance level, potential long-term target.
Stop Loss
Stop Loss: $16.00, placed below recent support levels to protect from downward movement.
Trade Momentum
Bullish momentum is present, given the 10.39% rise in the last 24 hours, along with volume increasing in USDT and AR. Keep an eye on price action around key support/resistance levels to manage risk.
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