$AR || key support needs to hold
- The price is still in an uptrend, indicated by higher highs and higher lows.
- Recently, the price faced resistance around 49.205 USDT and has since pulled back to support around the $43 area.
- The current trend shows consolidation with a potential continuation of the uptrend if key support level holds
Bullish Scenario:
- If price holds the $43 support level $AR can attempt another attempt at breaking above the range highs (immediate resistance) at $47.51 - $49.20
Bearish Scenario:
- If price fails to hold the $43.99 support level, it will fall to the next support zone between $40-$37.42 (bull box - where I will be a buyer)