The overconfident bears trying to short this strong $ARM recovery are about to get caught in a vicious consolidation squeeze.
While retail traders fear the local resistance after this solid +5.61% upward swing, institutional players are building a high-level defensive floor. $ARM has completely shaken off its 24h low of 243.37, violently surging upward before settling into a very tight, bullish flag pattern on the 1-hour chart. Supported by a healthy 16.23M in 24h USDT trading volume, this flat consolidation at the top indicates that the buying pressure is absorbing all incoming sell orders with ease. Anyone attempting to short here is providing the exact fuel needed for the next explosive breakout leg. I am stepping firmly into a long position right now before the next massive green expansion candle erupts.
My Personal Trade Plan:
• Entry: 266.42 USDT
• Target 1 (TP): 285.00 USDT
• Target 2 (TP): 300.00 USDT
• Invalidation (SL): 254.00 USDT
Don't short a high-volume structural consolidation. Secure your position before the next massive leg up triggers.
While retail traders fear the local resistance after this solid +5.61% upward swing, institutional players are building a high-level defensive floor. $ARM has completely shaken off its 24h low of 243.37, violently surging upward before settling into a very tight, bullish flag pattern on the 1-hour chart. Supported by a healthy 16.23M in 24h USDT trading volume, this flat consolidation at the top indicates that the buying pressure is absorbing all incoming sell orders with ease. Anyone attempting to short here is providing the exact fuel needed for the next explosive breakout leg. I am stepping firmly into a long position right now before the next massive green expansion candle erupts.
My Personal Trade Plan:
• Entry: 266.42 USDT
• Target 1 (TP): 285.00 USDT
• Target 2 (TP): 300.00 USDT
• Invalidation (SL): 254.00 USDT
Don't short a high-volume structural consolidation. Secure your position before the next massive leg up triggers.