$AR /USDT has shown strong upward momentum in the past trading sessions,

Price Action Overview

AR/USDT has shown strong upward momentum in the past trading sessions, rallying by 16.77% to a current price of $21.10. The 24-hour range shows a low of $17.26 and a high of $21.33, reflecting significant volatility and buying pressure.

Key Technical Indicators

1. Resistance Levels (Red):

Immediate resistance at $21.33 (recent high).

Strong resistance at $22.50, marking the next key breakout level.

2. Support Levels (Green):

Immediate support at $20.00 (psychological level).

Strong support at $18.50, which aligns with the consolidation zone during the previous rally.

3. Moving Averages:

The coin is trading above its 20-period moving average ($20.95), confirming a bullish trend.

The RSI (6) is at 77.29, indicating overbought conditions, which may lead to short-term pullbacks.

Trade Setup

Short-Term Signal (1-Hour Chart):

Entry Price: $20.80

Take-Profit Targets:

TP1: $21.50

TP2: $22.00

TP3: $22.50

Stop-Loss: $19.50

Long-Term Signal (4-Hour or Daily Chart):

Entry Price: $20.50

Take-Profit Targets:

TP1: $23.00

TP2: $25.00

TP3: $27.00

Stop-Loss: $18.00

Cautionary Note

With the RSI signaling overbought conditions, traders should monitor the price action closely for signs of reversal or consolidation.

Look for a confirmed breakout above $21.33 with high volume before entering long trades.

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