$AR ๐Ÿš€ BREAKOUT INCOMING ๐Ÿš€ ๐Ÿš€

๐Ÿ“Š Technical & Chart Overview

**Price Context & Volume:**

AR is trading in the $4.97โ€“$5.21 range with a solid ~$50M daily turnover .

Support & Resistance:

Support levels:

**$4.93โ€“$4.97** โ€“ recent range low and pivot zone .

Deeper support: $4.59โ€“$4.41 โ€“ secondary zones .

Resistance levels:

1. **$5.11โ€“$5.19** โ€“ immediate pivot range

2. $5.45โ€“$5.63 โ€“ higher moving average barrier

3. $5.96+ โ€“ extended resistance

Technical Indicators:

Short-term on 1H: Bullishโ€”~71% moving average signals, momentum intact .

Daily: Mixedโ€”oscillators neutral, moving averages neutral/strongโ€‘sell .

Momentum readings: RSI ~71, MACD positive, ADX strongโ€”suggest short-term strength .

Chart Pattern:

Consolidating between $4.97โ€“$5.21; potential breakout if price reclaims upper zone.

Historical long-term downtrend still influences structure, but short-term reversal signs are emerging .

๐ŸŽฏ Short-Term Strategy: โ€œPivot Range Reclaimโ€

Entry Zones:

Aggressive: $4.97โ€“$5.00 โ€” near support zone

Conservative: Wait for a clean breakout above $5.21 on rising volume

๐Ÿ›‘ Stop-Loss:

Aggressive entry: < $4.90

Breakout entry: < $5.05

๐ŸŽฏ Target Levels:

1. TP1: $5.45โ€“$5.63 โ€” just above key MAs/resistance

2. TP2: $5.96+ โ€” long-range upside

3. TP3: $6.50+ โ€” extension with bullish momentum

Execution Plan:

1. Scale into position near the $4.97โ€“$5.00 support.

2. Add on breakout above $5.21 with volume confirmation (>50M).

โœ… Summary

AR is holding a pivot range ($4.93โ€“$5.21) with early bullish signs. Look to buy dips near $4.97, or trade the breakout above $5.21 into $5.45โ€“$5.63 and potentially $5.96+.

๐Ÿ“Œ Entry: $4.97โ€“$5.00 (agg.) or on breakout > $5.21

๐Ÿ›‘ Stop: < $4.90 or < $5.05

๐ŸŽฏ Targets: $5.45 โ†’ $5.96 โ†’ $6.50+

๐Ÿ›‘ Disclaimer

For educational purposes only, not financial advice. Arweave (AR) is volatileโ€”always DYOR, use stop-losses, and manage portfolio risk.

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