AR / TetherUSLong
AR Long Spot Trade (Support Retest)
Market Context: AR has retraced to a significant support zone between $18 and $20, following a rejection around $24. This retracement offers a favorable entry point for a long position, with potential for a rebound toward higher resistance levels.
Trade Details:
Entry: Between $18.00 and $20.00
Take Profit Targets:
First target: $24.00 – $26.50
Second target: $32.00 – $35.00
Stop Loss: Just below $16.00
Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
Trade Details:
Entry: Between $18.00 and $20.00
Take Profit Targets:
First target: $24.00 – $26.50
Second target: $32.00 – $35.00
Stop Loss: Just below $16.00
Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.