📉 $ARX — Bearish Short Setup | Support Breakdown Watch
SHORT 🔴
Entry Zone: $0.2970–$0.3050
Stop Loss (SL): $0.3275
🎯 Take Profit:
- TP1: $0.2900
- TP2: $0.2830
- TP3: $0.2774
📉 Market Analysis:
Price faced rejection near $0.3150, and sellers are now showing signs of increased pressure. This rejection puts the bearish setup on watch, especially if buyers fail to regain control and nearby support gives way.
The key trigger is a confirmed breakdown below $0.2970. If price loses this level and struggles to reclaim it, further downside toward $0.2900 could follow, with $0.2830 and $0.2774 as the next targets if selling momentum continues.
Avoid chasing the move before confirmation. A breakdown followed by a failed recovery would provide stronger evidence that sellers remain in control. If buyers reclaim important resistance, the bearish scenario may weaken.
🔑 Key Level:
The $0.2970 level is the main breakdown trigger, while $0.2970–$0.3050 is the preferred short-entry zone. Remaining below $0.3150 keeps the bearish outlook in focus, provided selling pressure continues.
⚠️ Risk Note:
Don't enter blindly or use excessive leverage. Wait for breakdown confirmation, size your position responsibly, and respect the $0.3275 stop loss. Consider taking partial profits at each target and reassess if price recovers strongly.
Bearish bias below $0.3150, with confirmation needed under $0.2970. 📉
Sell and Trade $ARX here 👇
DYOR.
SHORT 🔴
Entry Zone: $0.2970–$0.3050
Stop Loss (SL): $0.3275
🎯 Take Profit:
- TP1: $0.2900
- TP2: $0.2830
- TP3: $0.2774
📉 Market Analysis:
Price faced rejection near $0.3150, and sellers are now showing signs of increased pressure. This rejection puts the bearish setup on watch, especially if buyers fail to regain control and nearby support gives way.
The key trigger is a confirmed breakdown below $0.2970. If price loses this level and struggles to reclaim it, further downside toward $0.2900 could follow, with $0.2830 and $0.2774 as the next targets if selling momentum continues.
Avoid chasing the move before confirmation. A breakdown followed by a failed recovery would provide stronger evidence that sellers remain in control. If buyers reclaim important resistance, the bearish scenario may weaken.
🔑 Key Level:
The $0.2970 level is the main breakdown trigger, while $0.2970–$0.3050 is the preferred short-entry zone. Remaining below $0.3150 keeps the bearish outlook in focus, provided selling pressure continues.
⚠️ Risk Note:
Don't enter blindly or use excessive leverage. Wait for breakdown confirmation, size your position responsibly, and respect the $0.3275 stop loss. Consider taking partial profits at each target and reassess if price recovers strongly.
Bearish bias below $0.3150, with confirmation needed under $0.2970. 📉
Sell and Trade $ARX here 👇
DYOR.