$ARDR /USDT Analysis: Rising Channel in Focus!!š„šÆ
The ARDR/USDT pair is trading within a well-defined ascending channel on the 15-minute timeframe, currently priced at $0.09014. The price has rebounded off the lower trendline support near $0.08880 and is facing resistance near the upper boundary at $0.09400.
Short-Term Trade Plan:
ā¢ Long Entry: Near $0.08900, targeting $0.09400. Stop-loss: $0.08800.
ā¢ Short Entry: If the price rejects $0.09400, target $0.09000 with a stop-loss at $0.09500.
Market Outlook:
ā¢ If ARDR breaks above $0.09400, the next upside target is $0.09650, signaling bullish momentum.
ā¢ A breakdown below $0.08800 could invalidate the rising channel, with potential downside to $0.08550.
Traders should monitor the channel boundaries for high-probability setups while securing partial profits at key levels. Stay cautious of increased volatility around the resistance zone.