📉
$AR /USDC Analysis: Bearish Momentum Accelerating! 📉
The 1-hour chart for
$AR shows a clear bearish market structure. The price has broken below all major moving averages, including MA(7), MA(25), and MA(99), turning them into strict resistance levels. With a recent low formed near 2.18, sellers are firmly in control, presenting a solid Sell Short opportunity on any minor relief rallies.
🎯 TRADE PLAN (SHORT) 🎯
🔹 Position: SELL / SHORT
🔹 Entry Range: 2.21 - 2.26
🔹 Stop Loss (SL): 2.33 (Above the recent hourly resistance level)
📉 Take Profit Targets:
• TP 1: 2.15
• TP 2: 2.08
• TP 3: 2.00
Keep your risk managed and always wait for the optimal entry zone! ⚡
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#AR