$ARC USDT — RELIEF RALLY REACHES A DECISION ZONE: RECOVERY OR ANOTHER REJECTION?
A 38.86% surge has pushed ARC back to $0.04027 after a brutal 4H sell-off that drove price down to $0.02195. Buyers have clearly stepped in, but the chart still has a major hurdle: MA(25) at $0.04404.
Price is now above MA(7) at $0.03780, showing short-term recovery. However, MA(25) and MA(99) remain overhead, so this is not yet a confirmed trend reversal.
Trade Setup — Conditional Long
EP: $0.0380–$0.0390 after a successful retest
TP1: $0.0440
TP2: $0.0480
TP3: $0.0507
SL: $0.0355
What matters next: A 4H close above $0.0440 would strengthen the recovery case. Rejection at that level could send price back toward $0.0378, with $0.0300 as a deeper support area.
My view: ARC is recovering, but buyers still need to prove they can reclaim resistance. Avoid chasing a sharp move without confirmation.
Would you trade the breakout or wait for a pullback in $ARC USDT?
#ARC #CryptoTrading #BinanceSquare
A 38.86% surge has pushed ARC back to $0.04027 after a brutal 4H sell-off that drove price down to $0.02195. Buyers have clearly stepped in, but the chart still has a major hurdle: MA(25) at $0.04404.
Price is now above MA(7) at $0.03780, showing short-term recovery. However, MA(25) and MA(99) remain overhead, so this is not yet a confirmed trend reversal.
Trade Setup — Conditional Long
EP: $0.0380–$0.0390 after a successful retest
TP1: $0.0440
TP2: $0.0480
TP3: $0.0507
SL: $0.0355
What matters next: A 4H close above $0.0440 would strengthen the recovery case. Rejection at that level could send price back toward $0.0378, with $0.0300 as a deeper support area.
My view: ARC is recovering, but buyers still need to prove they can reclaim resistance. Avoid chasing a sharp move without confirmation.
Would you trade the breakout or wait for a pullback in $ARC USDT?
#ARC #CryptoTrading #BinanceSquare