$ARC Faces a Potential Sharp Reversal as Selling Pressure Builds
Trade Setup: SHORT
Entry Zone: 0.06300–0.06450
TP1: 0.06000
TP2: 0.05700
TP3: 0.05400
SL: 0.06600
After a strong rally from the 0.05000 zone, price is consolidating near 0.06400–0.06500 resistance, where rejection could trigger a deeper pullback. A confirmed breakdown below 0.06200 may open the way toward lower support levels. Wait for bearish confirmation and manage risk carefully.
Trade Setup: SHORT
Entry Zone: 0.06300–0.06450
TP1: 0.06000
TP2: 0.05700
TP3: 0.05400
SL: 0.06600
After a strong rally from the 0.05000 zone, price is consolidating near 0.06400–0.06500 resistance, where rejection could trigger a deeper pullback. A confirmed breakdown below 0.06200 may open the way toward lower support levels. Wait for bearish confirmation and manage risk carefully.
