BULLISH MOMENTUM GAINS STRENGTH – UPSIDE TARGETS IN FOCUS
$AR is showing strong bullish momentum after bouncing from the $3.56 support level and breaking past short-term resistance around $4.20–$4.30. Price action indicates buyers are dominating, with higher lows forming on the 15m–1h timeframes, suggesting continuation towards higher targets.
Targets (TP):
TP1: $4.60
TP2: $4.80
TP3: $5.00
Stop Loss (SL): $3.90 – just below recent swing low to protect capital.
Risk Management: Use a position size that limits risk to 1–2% of your portfolio per trade. Maintain a favorable risk-reward ratio of 1:2 or higher.
#TechnicalAnalysis #BullishTrend #CryptoTrading