The chart shows $ARDR /USDT on a 15-minute timeframe on Binance with technical patterns drawn.
Key Observations:
Current Price: $0.09783
24h High/Low: $0.10255 / $0.08365
Price Movement: +16.01% in the last 24 hours
Recent Pattern: Rising wedge breakdown (bearish pattern)
Chart Analysis:
Rising Wedge Breakdown:
The price was rising within a wedge and broke down sharply — a classic bearish reversal signal.
Bearish Candles Post-Breakdown:
Strong red candles indicate momentum on the downside.
Potential Retest & Drop:
A small upward arrow suggests the idea of a retest of the breakdown point (around $0.098–$0.099).
After retesting, a continued move down is implied by the large downward arrow.
✅ Short Trade Signal (Scalp/Intraday):
Entry (Short): $0.09850–$0.09900 (on breakdown retest)
Stop Loss: $0.10050 (above recent high and invalidates breakdown)
Take Profit Levels:
TP1: $0.09550
TP2: $0.09250
TP3: $0.09000 (full wedge target)
🧠 Risk Note:
This is based on short-term (15m) technicals.
Ensure proper position sizing.
Watch BTC/ETH trend — altcoins often follow majors.
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