AR / TetherUS
Updated

AR retracement ?

196

Hi everyone,

AR could not break the resistance around $16.15 and failed to hold the previous support around $14.3.

Retest of the latter level is on going but in my opinion the rejection would be confirmed. If that, we can have a setup as in chart.

Cheers!

PS: FTX and CPI news this week, so we need to pay attention on our trades.
Note
AR was rejected by the resistance and has gone down 14% since.
Trade closed: target reached

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