#AR
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 7.00, which acts as strong support from which the price can rebound.
Entry price: 7.14
First target: 7.30
Second target: 7.60
Third target: 8.00
✅Buy and Trade here on $AR