$ARDR BULLISH MOMENTUM
📈 Chart Overview & Technical Setup
Pattern Forming: Short-term ascending wedge on daily chart, suggesting consolidation and potential breakout for continuation or reversal.
Moving Averages: Strong bullish crossover—price above 5, 10, 20, 50, 100, 200-day MAs; overall strong buy signal .
Oscillators: Most oscillators (RSI, MACD, Stoch, CCI) show bullish momentum—RSI around 71 indicating near-overbought .
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📊 Key Support & Resistance
Support Levels:
$0.090–$0.093 (prior breakout zone)
$0.085–$0.088 (200-day MA region)
Resistance Zones:
$0.101–$0.102 (recent intraday highs; breakout target)
**$0.110+** next level if momentum sustains
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🎯 Trading Strategy
🟢 Bullish Continuation Setup
Entry: On clean breakout above $0.1015–$0.102 with rising volume
Targets:
TP1: $0.110
TP2: $0.125
Stop-Loss: Just below wedge support at $0.093
🔵 Conservative Pullback Play
Entry: Buy on dip into $0.093–$0.095 (former resistance now support)
Targets & SL: Same as above
⚖️ Disclaimer
This analysis is for educational purposes only and not financial advice. Crypto trading is risky. Always DYOR, use stop-losses, and trade only what you can afford to lose.