Imminent Explosion? $AR Prepares for Strong Breakout – Technical Analysis + Realistic Trading Plan!
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Technical Overview of the $AR (Arweave) Coin:
Current Price: $7.43
Key Resistance at: $7.46
Strong Support at: $7.40
RSI on 4H Frame: at 61 = Moderate Momentum with Continuation Potential
MACD: Recent Positive Crossover Supports the Breakout
Price is Trading Above Averages (MA50 and MA200) = Ongoing Uptrend
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Entry/Exit Plan:
Entry Point: With 4H Close Above $7.46
First Target: $7.51
Second Target: $7.56
Stop Loss: Break Below $7.40 on Close
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Technical + Fundamental Reasons Supporting the Movement:
Recent News About Web3 Partnerships Boosts Investor Confidence
Trading Volume Increased by 30% in the Last 24 Hours
Whale Movements Noticed via Lookonchain: Entry of $800,000 During Asia Session!
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Advice for the Community:
Do Not Enter Before Confirmation – Watch the Next Candle and Trading Volumes. Beware of FOMO.
Share the Post with Those Interested in $AR, and Record Your Price Prediction for the End of This Week!