Arweave $AR is on fire, up 2.51% today and smashing through the 4.00-4.05 multi-week resistance with conviction. The breakout candle closed near highs on expanding volume (1.07M AR traded) and the order book is heavily skewed green at 71.5% bids, sellers are nowhere to sight. Price is now riding the EMA7 at 4.06 with all moving averages stacked bullishly underneath.
Permanent storage narrative is heating up again as AI datasets explode in size and on-chain data costs become unsustainable elsewhere. AR is the only real decentralized solution at scale.
Next targets: 4.35 → 4.80 → 5.50 (2024 highs)
Trade plan:
Entry: 4.05 – 4.10 (pullback to breakout)
Target 1: 4.50
Target 2: 5.00+
Stop Loss: 3.85
R:R 1:4+
Bullish as long as we stay above 4.00. This one’s just getting started.
