Always Believe in Your Self and God, I am , i can, i will , you will always win no matter what. [ Professional Trader and Artist ] Dyor. X : @Xhantomillusion
Currently trading at $247 got rejected from resistance zone but not confirmed rejection until unless we see more sell candles in it.
Buying Zones as we see price tags on chart shows the buys zone,
If we see breakout above $255 price zone with candles closing there it will be Bullish for it and we will see it trading above $300 zone. Or if it closed more sell candles below here at 247 zone, then the next potential Buying zone will be around at 210 to 195 in-between this zone we will consider a good buying area for it.
Buying Setup for it
Entry: above $255 if breakout Or $195 to $212 zone Dca: no need
On the 4H chart, $ARC /USDT has shifted bullish after breaking descending resistance, supported by a rising trendline with consistent higher lows. The 0.052–0.053 zone is now a key support after the breakout.
As long as price holds above the 0.041–0.045 demand zone, continuation toward 0.08–0.10 is likely. A pullback to retest support may occur before further upside. Breakdown below 0.041 invalidates the bullish setup.