Checking in on $AR .
Looks like we've had a solid run since the 26th, pushing from the low $4.50s all the way up to a 24-hour high of $5.46.
Nice momentum there.
However, we're seeing some profit-taking now, currently trading around $5.13.
That drop from the high is a bit of a concern.
Volume's decent at 785K AR and 4.14M USDT in the last 24 hours.
People are still active.
What's the play here? We need to see if $5.00 holds as support.
That psychological level is key. If it breaks, we could easily retrace further back towards the $4.90 or even $4.70 range where we saw some consolidation before the recent pump.
A bounce off $5.00 and a retest of $5.20-$5.30 would be bullish, but right now, it's looking a bit soft after that rejection from the highs.
Watch those lower levels closely.