AR Long Spot Trade (Support Zone)

6 nov

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

7 giorni fa

Trade attivo

📉 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