$AR AR/USDT Trading Signal - Accelerated Decline at Key Support
Current Price: $17.40
EMA Trends:
EMA(7): $18.25
EMA(25): $18.70
EMA(99): $18.78
Observation:
AR/USDT has fallen by 11%, dropping below major EMA levels. The price hit a low of $17.28 in the current session, signaling heavy sell pressure. The downtrend continues as short-term momentum fails to recover.
Potential Strategy:
Entry Range: $17.30 - $17.50
Targets:
Target 1: $18.00 (EMA(7) Retest)
Target 2: $18.50 (EMA(25) Retest)
Stop Loss: $16.90
Key Insights:
If AR/USDT holds above $17.30, it could see a bounce back toward EMA levels. Volume confirmation is essential for any upward recovery. Secure partial profits at $18.00 and move stop-loss to breakeven after reaching Target 1. Further downside is likely if $16.90 support fails.
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