$ARC was down 49.47% in 24 hours, with the current price at 0.0313 and trading volume of 30.71 million.
But there’s something interesting about this drop. The move from 0.0309 to 0.0632 wasn’t rushed; there were several pauses along the way. This doesn’t look like retail traders rushing in after hearing news. It looks more like money that had a plan in advance. Money with a plan usually isn’t in a hurry to leave—it’s looking for room to run later, not just this little bit right now.
The key level here is 0.0632. If the money behind this move really wants to push the price higher, it won’t let it stay stuck here forever. On the other hand, if the price surges above that level on heavy volume and then quickly falls back, it means that money hasn’t made up its mind. Its intentions will be written all over the chart.
Trading volume is only 30.71 million. A drop this steep suggests there aren’t many buyers willing to step in. Rather than fixating on the percentage drop, watch to see whether new money comes in after this 30.71 million in volume. If the money doesn’t move, the size of the drop is just a number.
#ARC
But there’s something interesting about this drop. The move from 0.0309 to 0.0632 wasn’t rushed; there were several pauses along the way. This doesn’t look like retail traders rushing in after hearing news. It looks more like money that had a plan in advance. Money with a plan usually isn’t in a hurry to leave—it’s looking for room to run later, not just this little bit right now.
The key level here is 0.0632. If the money behind this move really wants to push the price higher, it won’t let it stay stuck here forever. On the other hand, if the price surges above that level on heavy volume and then quickly falls back, it means that money hasn’t made up its mind. Its intentions will be written all over the chart.
Trading volume is only 30.71 million. A drop this steep suggests there aren’t many buyers willing to step in. Rather than fixating on the percentage drop, watch to see whether new money comes in after this 30.71 million in volume. If the money doesn’t move, the size of the drop is just a number.
#ARC