💎 AR has undeniably attracted significant attention in the market. After encountering persistent challenges in breaking through the resistance area, marked by several bearish rejection candles, AR has experienced a downward shift.
💎 There's a possibility that AR might initiate a retesting phase at the demand area around $6.32 to gather momentum for breaking the resistance area. Alternatively, if AR manages a direct breakout without revisiting the demand zone, the probability it could signal a continuation of the upward movement, targeting our envisioned supply area.
💎 However, in the event of AR returning to retest the demand area and failing to sustain its position, resulting in a breakdown, AR may revert to a bearish trajectory, continuing its descent and potentially retracing to a robust demand area.
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