Archer Aviation Is Testing a Key Long-Term Support ZoneArcher Aviation Inc Class ABATS:ACHRriseab0v3ACHR Archer Aviation has been trading inside a clear ascending channel for much of the last four years. For a high-growth eVTOL company, that structure matters because it gives traders a clean way to watch whether momentum is still intact or starting to break down. Right now, Archer is near the lower end of that channel. The setup is interesting because this is not just a random support test. Price is also sitting near a level that has acted as both resistance and support in the past. It was resistance back in 2022, became support through parts of 2023, and is now being tested again after a large pullback. That kind of support and resistance confluence can matter. If buyers continue to defend the area, Archer could be setting up for a move back toward the upper half of the channel. The upside potential is meaningful. After falling nearly 70% from a prior high, the stock has room to recover if the channel holds. A possible upside area to watch is around $13, with the prior all-time high near $14.62 also sitting above as a longer-term reference point. The key confirmation is the monthly candle. At the time of recording on July 21, there were about ten days left before the July 31 monthly close. If Archer can hold above the support zone into the close, the chart would look much more constructive. There may also be fundamental momentum developing around recent partnership news. The transcript references a recent partnership announcement, though investors should verify the exact details before treating that as a bullish catalyst. For now, Archer is a watchlist setup built around a simple question: does the four-year ascending channel continue to hold? If it does, the risk/reward could become interesting for traders looking for a long setup. If it does not, the support failure would deserve respect. This is not financial advice. Do your own research and manage risk carefully.