ACHR has bounced of 50MA and Next target is 16.5$ before 20$

🚁 Archer Aviation (ACHR) ACHR : $16.5 Could Arrive Fast
🔥 Pentagon Partnership Powers the Bull Case
Big News: Archer and Anduril team up to build a next-gen military hybrid VTOL for the Pentagon. This exclusive defense project fast-tracks Archer for major U.S. military contracts and funding.

https://www.axios.com/2025/07/23/archer-anduril-hybrid-vtol-pentagon


Cash Confidence: Archer just raised $430M, now sitting on $500M+ in cash—no near-term dilution risk, making it a strong, stable bet.

📈 Technicals: Chart Looks Strong!
50MA Support: ACHR keeps bouncing off its 50-day moving average (yellow circles), showing strong buying momentum.

Price Target: Technically, the $16.5 target is in play, with a sharp uptrend and volume surges bolstering bullish sentiment.

⚡ Why $16.5 Could Hit in August
🚀 Defensive Catalyst: Pentagon contract talk = institutional and retail buyers flood in.

💰 Balance Sheet Strength: No funding worries attracts more investors.

📊 Momentum: Chart, volume, and sentiment point to rapid upside—especially if military deals are announced.

Summary:
ACHR is set for a possible quick move to $16.5 on Pentagon news, strong funding, and powerful technical momentum. A major contract update could push it there as soon as August. If you are a trader then next levels are 16.5 and then 20$ but as an investor, this could easily reach 100$ over next 5 years.


https://www.tradingview.com/chart/ACHR/R7D5MIdj-Time-to-double-down-on-ACHR-Target-20/