$ARC QUICK LONG SETUP ... 0.035 RECOVERY TARGET
ARC has just printed a sharp capitulation move into the 0.022 support area and is attempting an aggressive relief bounce.
Entry Zone: 0.026–0.0275
Next Price: 0.030
TP1: 0.032
Final Target: 0.035
SL: 0.021
As long as 0.021–0.022 holds, I favor a short-term mean-reversion move toward 0.035. A clean break below 0.021 invalidates the setup.
Trade on $ARC
ARC has just printed a sharp capitulation move into the 0.022 support area and is attempting an aggressive relief bounce.
Entry Zone: 0.026–0.0275
Next Price: 0.030
TP1: 0.032
Final Target: 0.035
SL: 0.021
As long as 0.021–0.022 holds, I favor a short-term mean-reversion move toward 0.035. A clean break below 0.021 invalidates the setup.
Trade on $ARC