🛠️ Technical Analysis for $AR : Can it hold above resistance? 🛠️
A closer look at price movement 👀
The price of AR coin is currently facing a critical resistance area at the level of $7.14. After multiple attempts, the price has not been able to consistently surpass this barrier. This indicates strong selling pressure in this area.
Potential scenarios for traders:
📌 In case of a breakout: If the price can surpass the level of $7.15 supported by high trading volume, it may indicate the beginning of a new uptrend targeting levels of $7.17 and possibly higher.
📌 In case of a pullback: If the price fails to break the resistance and starts to decline, it is likely to target nearby support levels at $7.12 and $7.10.