$AR (Arweave) Price Update: Slipping by 1.31%

📉 Current Price: $15.79

🔻 1-Hour Change: -1.31%

Technical Analysis:

• Downtrend in Motion: AR is showing a consistent decline with a recent low at $15.77, reflecting a bearish sentiment over the past hour.

• Resistance & Support: The immediate resistance level stands at $16. Any upward momentum would need to break this barrier for a potential reversal. Support is observed around $15.70, which could prevent further losses in the short term.

• Bearish Pressure: The price action hints at a possible continuation of the downtrend if support levels don’t hold.

Summary:

Arweave is currently facing a downward pressure, and traders should monitor the $15.70 support level closely. A breakdown below this could lead to more downside, while a bounce might offer a brief recovery. Caution is advised for both short- and long-term traders.#Trump47thPresident #DogeArmyComeBack #PensionCryptoShift #NovemberMarketAnalysis