ACHR Breakdown Prediction from $9.95 - Perfect Execution**
### **Description**:
This **30-minute ACHR chart** shows my successful prediction of the **breakdown from $9.95**, a key resistance level.
1. **Prediction Point**:
I identified **$9.95** as a crucial level where the price would reverse after the uptrend, supported by the formation of a **rising wedge**.
2. **Breakdown Confirmation**:
- Price rejected **$9.95** and broke below the wedge support.
- The breakdown accelerated at **$9.30** (white line), confirming bearish momentum.
3. **Targets and Execution**:
- **Target 1**: **$8.34** (red line) - successfully achieved.
- **Target 2**: Heading towards **$7.56** (green line), the next support.
4. **Stop Loss**:
Placed above **$10.39** to manage risk effectively.
The breakdown from **$9.95** was predicted accurately, with price respecting the rising wedge pattern and reaching the defined targets. This analysis demonstrates the importance of combining technical patterns with key price levels.
