$ARDR /USDT – Bulls Breakout Setup
Price Action Context
$ARDR$ swept liquidity below the recent range and reacted instantly, bouncing from the session low with strong follow-through. Price is now stabilizing after the flush, hinting that sellers may be running out of fuel.
Key Levels
Support: 0.0511 – 0.0520
Base Zone: 0.0525 – 0.0532
Resistance: 0.0559 – 0.0590
Trade Setup
Entry Zone: 0.0525 – 0.0535 (holding above the base zone)
Targets:
T1: 0.0559
T2: 0.0576
T3: 0.0590 (range high reclaim)
Stop Loss: Below 0.0509 (loss of liquidity support)
Market Sentiment
The sharp wick to the downside suggests a classic shakeout. If buyers maintain pressure, upside continuation could unfold quickly.
Trend
Short-term trend attempting a bullish reversal after a liquidity sweep and base formation.
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