$ARX
is flashing a SELL liquidation around $0.2766, putting the spotlight on the $0.27–$0.28 resistance area. Recent market data shows ARX has climbed substantially from the September lows, but it is also trading inside a much wider and highly volatile range.
A rejection from $0.276–$0.285 could give sellers room to push price back toward the lower support zones. However, a clean breakout and hold above the resistance area would weaken the bearish structure, so the setup needs confirmation.
EP: $0.273 – $0.282
TP: $0.255 / $0.235 / $0.215
SL: $0.295
$ARX is sitting at a critical pressure zone rejection keeps the downside setup alive, but a breakout can completely flip the structure.
is flashing a SELL liquidation around $0.2766, putting the spotlight on the $0.27–$0.28 resistance area. Recent market data shows ARX has climbed substantially from the September lows, but it is also trading inside a much wider and highly volatile range.
A rejection from $0.276–$0.285 could give sellers room to push price back toward the lower support zones. However, a clean breakout and hold above the resistance area would weaken the bearish structure, so the setup needs confirmation.
EP: $0.273 – $0.282
TP: $0.255 / $0.235 / $0.215
SL: $0.295
$ARX is sitting at a critical pressure zone rejection keeps the downside setup alive, but a breakout can completely flip the structure.