$AR Finding Dynamic Support After a Massive Parabolic Run! ๐ช๏ธ
Arweave ($AR) completely stole the spotlight today, rocketing nearly 40% to hit a localized peak at 4.949. We are now seeing a textbook, healthy cool-down as the price pulls back from the overextended local top.
๐ฏ Entry Zone: $4.10 โ $4.25 (Patience pays. Looking to catch a retest of the 25 Moving Average support)
๐ฐ Take Profit 1: $4.60 (Immediate resistance / retest of the MA-7 line)
๐ฐ Take Profit 2: $4.90 (Testing the recent daily highs)
๐ฐ Take Profit 3: $5.35 (Psychological extension level into price discovery)
โ ๏ธ Stop Loss: $3.85 (Strict invalidation set safely below the psychological 4.00 support floor and the 1H Supertrend)
#Arweave #CryptoTrading #TechnicalAnalysis
Arweave ($AR) completely stole the spotlight today, rocketing nearly 40% to hit a localized peak at 4.949. We are now seeing a textbook, healthy cool-down as the price pulls back from the overextended local top.
๐ฏ Entry Zone: $4.10 โ $4.25 (Patience pays. Looking to catch a retest of the 25 Moving Average support)
๐ฐ Take Profit 1: $4.60 (Immediate resistance / retest of the MA-7 line)
๐ฐ Take Profit 2: $4.90 (Testing the recent daily highs)
๐ฐ Take Profit 3: $5.35 (Psychological extension level into price discovery)
โ ๏ธ Stop Loss: $3.85 (Strict invalidation set safely below the psychological 4.00 support floor and the 1H Supertrend)
#Arweave #CryptoTrading #TechnicalAnalysis