ACHR – A Major Bullish Zone Ahead?

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ACHR – A Major Bullish Zone Ahead?Archer Aviation Inc Class ABATS:ACHRTheSignalyst ACHR has been in a correction phase, with price gradually moving lower from its previous highs. However, it is now approaching a particularly interesting technical area where two major structures intersect: 1️⃣ The lower bound of the long-term wedge pattern 2️⃣ The green demand zone This intersection has additional importance because the rising trendline has already acted as support multiple times in the past. 📌 As long as this intersection holds, we will be looking for long setups, anticipating a potential rejection and the start of a new bullish impulse. The idea is simple: let the correction come to our zone, then look for the buyers to step back in. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr