Archer Aviation Inc.
Panjang

Bullish Setup Forming: Approaching Untested FVG + Oversold RSI

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ACHR is setting up for a potential bounce based on multiple confluences:

  • Price is heading straight into a fair value gap that was never tested — could be a solid bounce spot;
  • Daily RSI is oversold (~32), often a sign the move down is stretched;
  • It’s also right on top of a rising trendline that has held for almost a year;
  • Volume is drying up, which might mean sellers are losing steam;
  • 🎯 First target: $10.91
  • 🏁 Final target: $12.00
  • ❌ Stop-loss: just under the FVG zone, in case it breaks down.


Watching closely 👀

And remember: respect both your stop loss and position sizing.

Penafian

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