AR Long Spot Trade (Support Zone)
Updated
Market Context: AR has moved into a key support zone, presenting an opportunity to ladder into a long spot position. This range provides a favorable risk-to-reward ratio if support holds and the price reverses upwards.
Trade Setup:
Entry: Ladder in between $11.00 - $12.75
Take Profit:
First target: $17.50 - $20.00
Second target: $24.00 - $26.50
Stop Loss: Just below $10.00 (daily close)
This setup seeks to capitalize on the support zone for a potential reversal. #AR
Trade Setup:
Entry: Ladder in between $11.00 - $12.75
Take Profit:
First target: $17.50 - $20.00
Second target: $24.00 - $26.50
Stop Loss: Just below $10.00 (daily close)
This setup seeks to capitalize on the support zone for a potential reversal. #AR
Trade active
📉 AR has retraced to the bottom of a key support zone, providing a strong entry point for a long spot trade.
💼 Enter a trade around $17.00. 🎯 Take Profits: $20.00, $24.00 - $26.50, $32.00 - $35.00. ⛔️ Stop Loss: Just below $16.50.
#Crypto #Trading #AR #SupportLevel
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