ARX finally snapped a key market structure break, thrusting back above the 0.65 resistance and eyeing the next bullish swing. The price is now perched on a confluence zone that held earlier support.
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$ARX LONG 📈
Entry → $0.241858-$0.242342
Stop → $0.234837 (-3.0%)
TP1 → $0.245731 (+1.5%)
TP2 → $0.254205 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear CHoCH on the 1‑hour chart opened the long bias, backed by a CVD surge confirming buying pressure. The price sits inside an overlapping order block and fair‑value gap, while a recent liquidity sweep wiped short stops, creating a POI confluence. With the structure now higher low and higher high, the setup feels aggressive but aligned.
A 3 % stop is relatively tight for this volatility, so keep leverage modest around 3‑5×.
Take partial profit around the first target at 1.7 R to lock in gains while the trade runs.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ARX #ARXUSDT #THORChain #TradingSignals #Write2Earn