AR/USDT Crucial area. Required for Break to Continue movement
Updated
💎 AR has certainly captured the market's attention. Presently, AR has managed to break past the supply zone and is in the midst of a confirmed retest phase. Following its retest, where the supply turned into a demand zone, AR experienced a swift upward surge, now approaching the formidable supply level at $6.2.
💎 Should AR successfully breach and settle above the $6.2 supply mark, it's poised for a continued upward trajectory, probability targeting the next supply zone and the bearish OB.
💎 However, if AR faces rejection at the $6.2 supply threshold, there's a possibility it might retreat to the demand zone to gather momentum for another breakout attempt.
💎 On the downside, if AR retraces to the demand zone and fails to hold its ground, it could signal a bearish trend. In such a scenario, AR might be on a path to test the deeper demand level at $4.12.
💎 Should AR successfully breach and settle above the $6.2 supply mark, it's poised for a continued upward trajectory, probability targeting the next supply zone and the bearish OB.
💎 However, if AR faces rejection at the $6.2 supply threshold, there's a possibility it might retreat to the demand zone to gather momentum for another breakout attempt.
💎 On the downside, if AR retraces to the demand zone and fails to hold its ground, it could signal a bearish trend. In such a scenario, AR might be on a path to test the deeper demand level at $4.12.
Trade closed: target reached
Spot on again! #AR has climbed 37.56%!
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