📢 $ARX / $USDT | 🔴 SHORT | ⭐ 69.7%
🎯 Target: $0.115845. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.123645
🛑 Stop Loss: $0.128845
🏁 TP1: $0.115845
🏁 TP2: $0.113245
🏁 TP3: $0.110645
📉 Analysis:
The $ARX structure shows a complete bearish alignment across all timeframes, confirmed by a double top that invalidates previous bullish attempts. The ADX at 26.62 indicates a trend with moderate strength, while the bearish MACD (momentum indicator) and the RSI at 28.09 (oversold zone suggesting the rebound is exhausted) reinforce selling pressure below the POC of 0.128586 (point of control with the highest volume).
⚖️ Risk/Reward: 1:1.5
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The bearish thesis remains valid as long as the price does not exceed our stop-loss zone, located above the technical invalidation level. We are looking for a continuation of the bearish move by taking advantage of the sell order flow and the declining OBV, which confirms a lack of buyer interest.
Do you think the current volume is enough to break the immediate support level of 0.1206?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #ARX #trading #Futures #Bearish
🎯 Target: $0.115845. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.123645
🛑 Stop Loss: $0.128845
🏁 TP1: $0.115845
🏁 TP2: $0.113245
🏁 TP3: $0.110645
📉 Analysis:
The $ARX structure shows a complete bearish alignment across all timeframes, confirmed by a double top that invalidates previous bullish attempts. The ADX at 26.62 indicates a trend with moderate strength, while the bearish MACD (momentum indicator) and the RSI at 28.09 (oversold zone suggesting the rebound is exhausted) reinforce selling pressure below the POC of 0.128586 (point of control with the highest volume).
⚖️ Risk/Reward: 1:1.5
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The bearish thesis remains valid as long as the price does not exceed our stop-loss zone, located above the technical invalidation level. We are looking for a continuation of the bearish move by taking advantage of the sell order flow and the declining OBV, which confirms a lack of buyer interest.
Do you think the current volume is enough to break the immediate support level of 0.1206?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #ARX #trading #Futures #Bearish
