đ $ARC â BEARISH CONTINUATION (SHORTS)đŽ
Bias: Bearish breakdown after a failed reclaim of the "Value Area." ARC has lost its key $0.08 support and is now showing a classic "bear flag" pattern on the lower timeframes, suggesting another leg down is imminent.
đŽ Entry Zone: 0.0697 â 0.0745
âïž Stop Loss: 0.0815 (Above the recent swing high + resistance flip)
đŻ TP1: 0.0600
đŻ TP2: 0.0537
đŻ TP3: 0.0480 (Major liquidity pool)
đ Max Target: 0.0350 (Full cycle retracement)
đ§ Reasoning:
ARC is currently one of the weakest performers in the mid-cap sector, down over 32% in 24 hours. The chart shows a clear rejection from the gray consolidation box (0.078 â 0.082), We are looking to enter on any "dead cat bounce" back toward the 0.070 level.
âŒïžTrade Note: The ARC ecosystem is currently facing high volatility due to the rollout of the "Economic OS" testnet. This makes it a "momentum" trade. Move your Stop Loss to entry (breakeven) once TP1 is hit to protect your capital.
CLICK HERE TO SHORTđđ»
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge
Bias: Bearish breakdown after a failed reclaim of the "Value Area." ARC has lost its key $0.08 support and is now showing a classic "bear flag" pattern on the lower timeframes, suggesting another leg down is imminent.
đŽ Entry Zone: 0.0697 â 0.0745
âïž Stop Loss: 0.0815 (Above the recent swing high + resistance flip)
đŻ TP1: 0.0600
đŻ TP2: 0.0537
đŻ TP3: 0.0480 (Major liquidity pool)
đ Max Target: 0.0350 (Full cycle retracement)
đ§ Reasoning:
ARC is currently one of the weakest performers in the mid-cap sector, down over 32% in 24 hours. The chart shows a clear rejection from the gray consolidation box (0.078 â 0.082), We are looking to enter on any "dead cat bounce" back toward the 0.070 level.
âŒïžTrade Note: The ARC ecosystem is currently facing high volatility due to the rollout of the "Economic OS" testnet. This makes it a "momentum" trade. Move your Stop Loss to entry (breakeven) once TP1 is hit to protect your capital.
CLICK HERE TO SHORTđđ»
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge