$AR /USDT Trading Analysis – Key Support Holding for a Potential Upside Move?
Arweave ($AR) is currently trading at $15.99 (+14.38%), showing strong momentum after bouncing from the $15.66 support zone. The price is attempting to reclaim $16.00, a key level that could determine the next breakout direction.
Trade Setup:
Entry Zone: $15.98 - $16.00
Target 1: $16.82
Target 2: $17.00
Stop Loss: $15.66
Observations:
Bullish momentum is picking up, but confirmation is needed with a strong close above $16.00.
A rejection at resistance could trigger a pullback, making risk management crucial.
RSI and volume trends should be monitored for signs of continuation or weakness.