#TradeSignal $ARC USDT is in a catastrophic bearish downtrend following a massive liquidation cascade. However, the 1H chart reveals extreme oversold conditions (RSI at 19.19, StochRSI at 16.55) and a potential bullish rejection of the 0.02195 low. The immediate outlook favors a relief rally (long scalp) targeting the 0.0300 EMA and potentially the 0.0400 supply zone.
Entry long 0.0255 - 0.0263
SL 0.0205
TP 0.0297
TP 0.0380
Alternate Setup
Entry: 0.0220 (on retest of broken support).
Stop-Loss: 0.0250.
Take Profit: 0.0165.
Entry long 0.0255 - 0.0263
SL 0.0205
TP 0.0297
TP 0.0380
Alternate Setup
Entry: 0.0220 (on retest of broken support).
Stop-Loss: 0.0250.
Take Profit: 0.0165.