$ARDR - Re-testing the 99 Moving Average Support, Is a Rebound Possible?
• The price hovers above the 99 moving average after a sharp decline
• The possibility of a double bottom forming near the $0.116 area
Its price rose to $0.1665, but faced strong rejection and sharply retreated to test the 99 moving average support at $0.1177. Despite strong selling, the price remained stable above its previous low of $0.1164, and a bullish rebound could occur if it breaks the $0.120 level with trading volume.
Long-term entry: Above $0.1215
Targets (TP):
1 : $0.1300
2 : $0.1380
Stop Loss (SL): $0.1155
If the bulls maintain their 99 moving average and regain their short-term exponential averages, the price may recover quickly at $ARDR . Watch for confirmation of trading volume.
#ARDRUSDT #BinanceFutures #LongSetup #TechnicalAnalysis #BullishSignal