Trade Setup: AR Long Position
Market Context:
AR, a strong utility token, is holding up well and breaking through an important resistance level, flipping it into support. This indicates strength and presents a potential trading opportunity.
Trade Setup:
Entry: Long trade around $23.
Take Profit:
First target: $28
Second target: $35
Stop Loss: Around $19.5.
đź“Š This setup capitalizes on the strength shown by AR in a risk-off environment. Manage risk effectively, and watch for confirmation of the support holding. #AR #CryptoTrading #UtilityToken
AR, a strong utility token, is holding up well and breaking through an important resistance level, flipping it into support. This indicates strength and presents a potential trading opportunity.
Trade Setup:
Entry: Long trade around $23.
Take Profit:
First target: $28
Second target: $35
Stop Loss: Around $19.5.
đź“Š This setup capitalizes on the strength shown by AR in a risk-off environment. Manage risk effectively, and watch for confirmation of the support holding. #AR #CryptoTrading #UtilityToken
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