📊NEUTRAL: $AR (1H)
Current Price $33.33
Market Cap $2.17B
Change 1h -0.04% | 24h -4.44%
Hourly Indicators:
• RSI: 40 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 33 - Below 🔴
ARUSDT is in a strong bearish trend with consistent lower lows and lower highs. The market is currently retracing to a previously broken level that also aligns with a Fib retracement and local support. If this selling confluence persists, expect the next leg down to push to new lower lows.
Based on the chart, initial support is around $33.282. If the downward trend continues, we could potentially see a drop to $32.000 and possibly lower. On the flip side, should the price find support, immediate resistance levels are at $34.257, $35.070, and $35.827.