$AR
📊 Overview of the Arweave (AR) Market
• Current Price: ~$7.18 USD
• 24h Volatility: -6.87%
• 24h Trading Volume: ~$26.15 million USD
• Market Capitalization: ~$471 million USD
• Circulating Supply: ~65.65 million AR
• All-Time High (ATH): $82.26 (11/07/2021)   
📈 Technical Analysis
🔍 Current Situation:
• 1 Hour Timeframe (H1): Short-term downtrend, with price trading below short-term moving averages.
• 4 Hour Timeframe (H4): Price has broken the long-term upward channel, indicating a medium-term downtrend.
• 1 Day Timeframe (D1): Price is testing the support area around $7.00; if it holds, a technical rebound may occur.
⸻
📌 Mid-term Trading Strategy (3–5 days)
🎯 Long
• Entry Point: $7.00–$7.20
• Stop Loss (SL): $6.50
• Take Profit (TP):
• TP1: $8.00
• TP2: $8.50
• R:R Ratio: ~1:2
• Validity: From 05/17 to 05/21 
⚠️ Note
• The market is in a correction phase; closely monitor support and resistance levels.
• Use reasonable stop loss and take profit orders to manage risk.
• Avoid using high leverage in the current market conditions.
