$AR updated high — bulls celebrate, and the chart confidently stretches towards the mark of 4.85. The momentum is maintained, and if the market doesn't start acting up, one can expect a retest of the broken level and further movement towards the round number 5.0-5.20 — a classic, where liquidity is usually gathered, and traders' nerves are tested.
Option #2: if the momentum fades, a return to the inclined support and its breakdown is possible. In this case, I see the target around 4.12–4.0, where buyers may activate again.
For now, $AR looks vigorous, the market keeps the pace, but don't forget — the higher the rise, the harder the fall.
I do not give financial advice. DYOR!
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ARUSDT
Perp
1.994
+8.96%