Core Viewpoint - Archer Aviation Inc. (ACHR) shares are currently flat but are in a downtrend that may persist, with significant support at the $9.15 level potentially breaking, leading to a bearish dynamic [1]. Group 1: Price Levels and Market Dynamics - The $9.15 price level has historically acted as both resistance and support, indicating a psychological impact on investors and traders [3]. - Investors who sold shares around $9.15 may have regretted their decision when the price broke resistance in May, leading to buy orders when the stock returned to this level in June and August [4]. - A large number of buy orders at $9.15 created support, but if this support breaks, it suggests that those investors have exited the market, setting the stage for a potential decline [5]. Group 2: Future Price Projections - If Archer's stock continues to decline, it may find support around the $5.50 level, which was previously a support level in April [6]. - The concept of seller's remorse applies here as well; those who sold at $5.50 may look to repurchase if the stock reaches that price again, potentially creating new support [6][7].