๐ ARAI Holds Steady with a 4.78% Gain โ Consolidation Before the Next Move?
$AA posted a modest +4.78% gain today, currently trading at $0.09747 after a volatile session that saw a spike above $0.11 earlier in the day.
๐ง Key Takeaways:
๐ผ Morning Momentum: Price surged quickly with bullish candles, indicating strong buyer interest early in the session.
๐ป Midday Pullback: Sellers stepped in near the $0.1100 level, pushing the price down.
โ๏ธ Sideways Action: Since then, $AA has been consolidating just below the $0.10 level.
๐ Market Structure:
Short-Term Resistance: $0.1100
Immediate Support: $0.0900
Neutral-to-Bullish Bias: As long as it stays above $0.090, the bulls still have a chance to regain control.
๐ What to Watch:
A break above $0.10 with strong volume could set the stage for a retest of the $0.11 zone and beyond.
Continued sideways movement may signal accumulation; a calm before the next leg.
Bottom line: No fireworks today, but ARAI is showing signs of strength under the surface. If volume returns, it could move fast ; donโt sleep on this chart.