Technical analysis by MyCryptoParadise_Simon about Symbol AR: Buy recommendation (7/19/2024)
MyCryptoParadise_Simon

Yello, Paradisers! Are you ready for some potential big moves with #ARUSDT? Let’s dive into the analysis to see what’s brewing! 💎#AR is showing signs of a probable bullish continuation from a support zone at $29.112. We have observed #AR following a descending channel for a long time. Recently, after breaking above descending resistance, it’s restoring momentum at the key support. 💎If the price successfully holds momentum at this support level of $29.112, there is a great probability of a bullish ride, similar to previous behavior at this level. If #AR manages to break above the probable resistance at $38.347, it will likely target the next resistance zone and beyond. 💎However, if the price fails to hold momentum at the key support, we’re expecting a probable bullish rebound from the lower demand zone around $25.618. 💎It's vital to maintain vigilance and closely observe #AR price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines. Paradisers!Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴