$ARC is under heavy selling pressure on the 1H chart, trading well below EMA20, EMA50 and EMA200.
RSI has dropped to deeply oversold territory, while MACD momentum remains bearish. Elevated volume confirms strong activity, but a sharp relief bounce remains possible.
SHORT $ARC | 1H
Entry: 0.02674 – 0.02680
SL: 0.02919
TP1: 0.02438
TP2: 0.02294
TP3: 0.02195
The nearest verified support is 0.02195. Avoid chasing the move blindly; wait for a suitable entry and manage risk carefully.
This is a technical setup, not financial advice👇
RSI has dropped to deeply oversold territory, while MACD momentum remains bearish. Elevated volume confirms strong activity, but a sharp relief bounce remains possible.
SHORT $ARC | 1H
Entry: 0.02674 – 0.02680
SL: 0.02919
TP1: 0.02438
TP2: 0.02294
TP3: 0.02195
The nearest verified support is 0.02195. Avoid chasing the move blindly; wait for a suitable entry and manage risk carefully.
This is a technical setup, not financial advice👇