$ARC is showing signs of weakening momentum, and sellers could regain control if the price fails to maintain its current range. A sustained bearish move may create an opportunity for a downside continuation, but confirmation from price action remains important before entering a trade.
Trading Idea: Short $ARC
Entry: 0.0409 – 0.0425
SL: 0.0455
TP1: 0.0398
TP2: 0.0385
TP3: 0.0376
Keep an eye on market structure and volume before making a decision. Follow your risk management plan, and avoid risking more than you can afford to lose.
DYOR (Do Your Own Research).
Trading Idea: Short $ARC
Entry: 0.0409 – 0.0425
SL: 0.0455
TP1: 0.0398
TP2: 0.0385
TP3: 0.0376
Keep an eye on market structure and volume before making a decision. Follow your risk management plan, and avoid risking more than you can afford to lose.
DYOR (Do Your Own Research).