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【$AR Signal】Pullback continuation - Waiting for a retest of support
$AR 1H level MACD turns negative, 4H Bollinger upper band at 2.5585 shows clear resistance, buying depth at 1.39 but selling pressure slightly dominates. Current price 2.537 is above the suggested entry zone upper limit of 2.524, indicating short-term weakening of bullish momentum. If the price retests the 2.271-2.524 range, especially near 2.42, it presents a buying opportunity. The current risk-reward ratio is more favorable after the pullback, waiting for capital to flow back in to confirm support.
🎯Direction: Long (pullback orders)
⚡Entry/Order placement: 2.271 - 2.524 range, suggested order at 2.42
🛑Stop loss: 2.118
🚀Target 1: 2.576
🚀Target 2: 2.729
🛡️Trade management: Reduce 50% at Target 1, move stop loss up to breakeven. Exit if price falls below 2.118.
Check real-time market 👇 $AR
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