$ARX 5-minute sharp drop of 2.71%, current price 0.3013, 24h range 0.2683 ~ 0.3245.
Wait for the candle to close before judging; don't take intraday wicks seriously.
Sharp drops are often accompanied by concentrated liquidations of leveraged long positions. After the washout, there may sometimes be a short-term rebound.
Wait for the candle to close before judging; don't take intraday wicks seriously.
Sharp drops are often accompanied by concentrated liquidations of leveraged long positions. After the washout, there may sometimes be a short-term rebound.