$ARPA After a volume surge of 51%, it is currently undergoing healthy cooling and consolidation. This is a typical retracement to confirm after a breakout, rather than a top distribution.
🎯Direction: Long
🎯Entry: 0.0178 - 0.0182
🛑Stop Loss: 0.0165 (Rigid Stop Loss)
🚀Target 1: 0.0200
🚀Target 2: 0.0225
The massive increase in $ARPA accompanied by a significant rise in open interest is a clear signal of main capital inflow, rather than just a short squeeze. After breaking out, the price formed a tight flag pattern at a high level, with buying pressure continuously absorbing profit-taking sell-offs on lower timeframes, without panic selling. As long as the price can stay above 0.0170, the inertia from the breakout will push the price toward higher targets.
Trade 👇 $ARPA
here
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[$ARPA Signal] Long position, breakout and retest confirmation
$ARPA After a volume surge of 51%, it is currently undergoing healthy cooling and consolidation. This is a typical retracement to confirm after a breakout, rather than a top distribution.
🎯Direction: Long
🎯Entry: 0.0178 - 0.0182
🛑Stop Loss: 0.0165 (Rigid Stop Loss)
🚀Target 1: 0.0200
🚀Target 2: 0.0225
The massive increase in $ARPA accompanied by a significant rise in open interest is a clear signal of main capital inflow, rather than just a short squeeze. After breaking out, the price formed a tight flag pattern at a high level, with buying pressure continuously absorbing profit-taking sell-offs on lower timeframes, without panic selling. As long as the price can stay above 0.0170, the inertia from the breakout will push the price toward higher targets.
Trade 👇 $ARPA here
Follow me: Get more real-time analysis and insights on the crypto market!
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