AR: Support Level Reached, Potential for Bounce Back

#AR/USDT #Analysis
Description

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+ The price has hit the support line for the third time, underscoring the significance of this level. Each previous test has resulted in a reversal, suggesting that this support remains robust.
+ The current price action is showing signs of a reversal from this support zone, which could signal the beginning of an upward move.
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VectorAlgo Trade Details
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Entry Price: 20.82
Stop Loss: 15.78
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Target 1: 24.38
Target 2: 28.28
Target 3: 31.39
Target 4: 41.01
Target 5: 48.50
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Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
ararusdARUSDTBullish PatternsChart PatternsFundamental AnalysisTechnical IndicatorsreversalreversalpatternSupport and ResistanceTechnical Analysis

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