$ARC 👉Technical situation: The currency underwent a strong downward correction of more than 15.7% after testing the peak at 0.0648. On the 15-minute and hourly frames, we notice stability and a sideways movement above the current support areas with the appearance of slight positive crossover signals in the MACD indicator and the beginning of the formation of a retracement base close to the lower border of the Bollinger Bands indicator, which suggests an opportunity for an upward corrective retracement by targeting the upper resistance areas intelligently and with complete risk control.
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