$ARDR /USDT 4-Hour Chart Analysis š
ARDR/USDT is trading at $0.12314 on the 4-hour chart, marking an impressive 26.54% gain in this timeframe as of 07:19 AM PKT on May 24, 2025. The price has also surged by 23.45% over the past 24 hours, reflecting strong bullish momentum.
š Key Observations:
The chart shows a massive green candle on May 23, pushing the price from around $0.09528 (24H low) to a peak of $0.13000 (24H high). This breakout was accompanied by a significant volume spike (31.264M ARDR), indicating strong buying interest.
After the peak, the price has slightly pulled back to $0.12314, which aligns with a potential support level around $0.12300-$0.12500.
The 30-day (+51.92%) and 90-day (+49.64%) performance highlights a robust longer-term uptrend, with the 7-day gain at 20.79%.
š Bullish Signals:
The breakout above $0.11000 and the sustained move above $0.12000 signal strong bullish sentiment. The high volume during the surge confirms buyer conviction.
The price is holding above the previous resistance zone of $0.12000, which could now act as support.
š Bearish Risks:
The sharp rally may lead to a short-term pullback as profit-taking kicks in. If the price drops below $0.12000, it could test the next support around $0.11000.
The 24-hour volume (4.16M USDT) has decreased slightly, which might indicate a potential slowdown in momentum.
ā ļø Outlook:
ARDR/USDT is showing strong bullish momentum after a breakout, but the recent pullback suggests caution. Watch for the $0.12000-$0.12300 support zone if it holds, we could see another push toward $0.13000 or higher. A break below $0.12000 might signal a deeper correction toward $0.11000. Volume trends will be key; rising volume on the next leg up would confirm the bullish trend.