The market just went through a fairly strong rally with $AR , but once it reached around the old peak area, the buying momentum started showing clear signs of exhaustion. Weakening momentum is the first signal that sellers are poised to step in.
From a personal perspective, I’m looking to catch a short-term pullback (Short) for $AR with the following specific plan:
⟶ Entry zone: $4.65 – $4.75
🎯 Take profit (TP):
• TP1: $4.50
• TP2: $4.30
• TP3: $4.10
⛔ Stop loss (SL): $4.96
During this phase, the price is very likely to produce quick two-sided spikes (both directions) before the trend becomes clearer. Guys, remember to manage your capital carefully and trade in a sensible volume, alright!