📊 $ARX Technical Analysis & Setup
$ARX is showing strong momentum with a 7.1% 24h surge backed by a massive 6.7x volume spike. Price is holding above both the EMA20 and EMA200 on the 1-hour timeframe, signaling strong bullish continuation potential.
• Key Support / Demand: 0.2160, 0.2170 area (ideal retest zone)
• Resistance / Supply Targets: 0.2217, 0.2272, and the 0.2345, 0.2465 supply block
• Trigger / Confirmation: Lower-timeframe structure shift or bullish engulfing on a retest with sustained volume
• Risk / Invalidation: A 1-hour close below 0.1984 invalidates the bullish thesis
• Market Execution: Open Interest stands at $9.7M (+2.9%) with neutral funding at +0.0050%
Scale out gradually at targets and manage risk strictly. Note higher-timeframe resistance alignment, so patience for confirmation is essential.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #ARX #Trading
$ARX is showing strong momentum with a 7.1% 24h surge backed by a massive 6.7x volume spike. Price is holding above both the EMA20 and EMA200 on the 1-hour timeframe, signaling strong bullish continuation potential.
• Key Support / Demand: 0.2160, 0.2170 area (ideal retest zone)
• Resistance / Supply Targets: 0.2217, 0.2272, and the 0.2345, 0.2465 supply block
• Trigger / Confirmation: Lower-timeframe structure shift or bullish engulfing on a retest with sustained volume
• Risk / Invalidation: A 1-hour close below 0.1984 invalidates the bullish thesis
• Market Execution: Open Interest stands at $9.7M (+2.9%) with neutral funding at +0.0050%
Scale out gradually at targets and manage risk strictly. Note higher-timeframe resistance alignment, so patience for confirmation is essential.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #ARX #Trading
