đ¨ $AR TRADE SETUP đ¨
AR has more than doubled in 30 days after breaking out of a multi-week downtrend and is now consolidating. đ
I'm watching for a LONG on a pullback/retest rather than chasing the current candle.
Entry: $4.35
TP1: $5.13
TP2: $5.90
TP3: $6.65
SL: $4.05
đĽ Why AR is on watch:
⢠Strong 30-day momentum
⢠Breakout above the descending trendline
⢠Healthy volume for its size, about $24M in 24H
⢠$4.27 to $4.65 is the key support zone
⢠Breakout continuation possible if buyers defend the retest
â ď¸ If AR closes below $4.05, this setup is invalid.
Not financial advice. Do your own research.$AR
AR has more than doubled in 30 days after breaking out of a multi-week downtrend and is now consolidating. đ
I'm watching for a LONG on a pullback/retest rather than chasing the current candle.
Entry: $4.35
TP1: $5.13
TP2: $5.90
TP3: $6.65
SL: $4.05
đĽ Why AR is on watch:
⢠Strong 30-day momentum
⢠Breakout above the descending trendline
⢠Healthy volume for its size, about $24M in 24H
⢠$4.27 to $4.65 is the key support zone
⢠Breakout continuation possible if buyers defend the retest
â ď¸ If AR closes below $4.05, this setup is invalid.
Not financial advice. Do your own research.$AR