Arweave ($AR ) Price Analysis: Big Move Incoming? Full Details Inside!

Arweave is currently at a critical level, testing the lower support of a symmetrical triangle on the daily chart.

This pattern often signals a big move is on the horizon, and it’s time to prepare! Let’s break it down step by step:

Current Market Situation

Key Support: $AR is testing the lower boundary of the symmetrical triangle pattern.

Bounce Potential: A strong bounce from this level could trigger a powerful bullish rally.

Important Levels to Watch

Buy Zone: Between $7.50 and $8.50 – this is the low-risk entry area near current support.

Targets:

First Target (T1): $22.00 – the upper range of the triangle.

Second Target (T2): $29.00 – next major resistance level.

Third Target (T3): $35.50 – a key breakout zone.

Fourth Target (T4): $46.50 – potential high in a strong bullish run.

Stop Loss (SL): Set at $7.00 to manage risk and protect your capital.

How to Execute the Strategy

1. Entry: Look for entries in the buy zone ($7.50–$8.50).

2. Risk Management: Place a strict stop loss at $7.00.

3. Profit-Taking:

Sell 25% of holdings at $22.00.

Another 25% at $29.00.

Secure profits at $35.50 and $46.50 for the remaining amounts.

Scenarios to Watch

1. Bullish Breakout:

If $AR bounces off support and breaks above $15.00, expect a strong rally toward targets.

Volume confirmation will be critical to validate this move.

2. Bearish Breakdown:

If #AR closes below $7.00, the pattern fails, and a revisit to $5.50 support is possible. Wait for fresh opportunities at lower levels.

💬 Final Thoughts

Arweave is showing signs of bullish momentum, and this symmetrical triangle could be the setup for a major move.

The key is patience and disciplined risk management. Stick to your plan, and let the market do the work!