$AR is giving buyers another test. 👀
After the sharp move from around $2.5 to above $5, AR pulled back toward the $ 4 area and is now trading around $4.45, up about 4.68% today.
What catches my attention is the reaction around $4.
The 7-day MA is around $4.45, while the 25-day MA is much lower near $3.67. So the short-term trend is still strong, but after such a fast move, I don’t want to chase blindly.
One lesson I’ve learned from trading crypto for years:
After a big pump, the real question isn't “How high can it go?”
It’s “Can buyers defend the levels they just created?”
For AR, I’m watching the $ 4 area closely. If buyers keep defending it, momentum can remain interesting. If it breaks decisively, I’d rather step back than force a trade.
AR buyers or AR sellers here? 👇
$AR #Arweave #crypto #BinanceSquare