Hey guys, ๐ $ARC USDT SHORT SETUP
because of increment in selling pressure !
After that aggressive pump toward $0.04200, ARC is showing signs of rejection, with lower highs forming on the 15-minute chart. I'm watching for further downside, but that lower wick near $0.03850 is something we shouldn't ignore.
๐ด Entry Zone: $0.03926 โ $0.03939
๐ Stop Loss: $0.04035
๐ฏ Take Profit: $0.03620
๐ Risk-to-Reward: Approximately 1:2.8
โ ๏ธ If price tests $0.03850, consider securing partial profits. This is a volatile low-cap pair, so keep leverage moderate, use a strict SL, and risk only what you can afford to lose.
This is a setup, not a guaranteed move. DYOR!
because of increment in selling pressure !
After that aggressive pump toward $0.04200, ARC is showing signs of rejection, with lower highs forming on the 15-minute chart. I'm watching for further downside, but that lower wick near $0.03850 is something we shouldn't ignore.
๐ด Entry Zone: $0.03926 โ $0.03939
๐ Stop Loss: $0.04035
๐ฏ Take Profit: $0.03620
๐ Risk-to-Reward: Approximately 1:2.8
โ ๏ธ If price tests $0.03850, consider securing partial profits. This is a volatile low-cap pair, so keep leverage moderate, use a strict SL, and risk only what you can afford to lose.
This is a setup, not a guaranteed move. DYOR!