$AR /USDT Technical & Market Analysis – Short Trade Outlook
AR is currently trading at $17.72, reflecting a 7.23% decline over the past 24 hours. The price has pulled back from a 24h high of $19.63, with the support zone now forming near $17.42, its recent low.
Technical Indicators:
Downward Momentum persists as the asset moves below key moving averages.
Bearish Volume Pressure is evident, with USDT volume at $24.23M outpacing AR volume at 1.32M, indicating selling dominance.
Resistance Zones are noted at $18.12 and $18.93, aligning with previous consolidation levels.
Short Trade Idea: A short opportunity is in play below the $17.70 zone, assuming continued weakness and rejection from lower highs.
Short-Term Targets:
$17.30 – Testing recent low support
$16.85 – Previous consolidation floor
$16.20 – Key level from earlier support trendline
Risk Management Tip: Consider a stop-loss around $18.10 to manage upside risk in case of rebound.
Stay alert to volume spikes or shifts in sentiment that could reverse momentum.
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