🔍 AR Analysis – Decentralized Storage Token Slides Toward Support 🔍

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🗂️ AR is a decentralized storage altcoin known for its long-term data permanence. After peaking near $8.87, it’s now facing a sharp correction, with RSI hovering near neutral and volume suggesting cautious sentiment.

📈 Technical Analysis

- Short-term trend: Bearish

- Support: $7.31

- Resistance: $8.56

- Pattern: Descending channel with lower highs

- Volume: AR volume at 1.94M vs. USDT at 15.49M—heavy sell-side pressure

- Indicators:

- RSI at 48.73 – neutral zone, leaning bearish

- MA(5) > MA(10) – short-term volume spike, price lagging

- Outlook: Bearish unless $8.56 flips to support

📰 Market Data & News

- Current Price: $7.48

- 24h Change: -9.88%

- No major headlines or protocol updates reported

🔄 Scenario Breakdown

- Bullish Case: Break above $8.56 with RSI crossing 50 and volume confirmation

- Bearish Case: Drop below $7.31 confirms continuation toward $6.90 zone

📊 Sentiment Meter

📉 Bearish Bias – Sellers in control, weak volume

⚠️ Risk Level

🔴 High – Volatile price swings, weak support, unclear trend

Will AR bounce from $7.31 or continue its descent toward $6.90? Drop your take below 👇

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📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.$AR