$ARC is experiencing a volume breakout to the downside, with high open interest indicating that bulls are being liquidated. This is a typical sign of continued weakness.
🎯 Direction: Short (Short)
🎯 Entry: 0.0680 - 0.0695
🛑 Stop Loss: 0.0720 (Rigid Stop Loss)
🚀 Target 1: 0.0620
🚀 Target 2: 0.0580
The price has dropped by 17% with nearly 49 million in trading volume plummeting. The high open interest remained unchanged during the decline, fitting the weak structure of ‘price falling + open interest stable/increasing’. This is not a healthy correction but a driven wave dominated by selling pressure. Any rebound on the lower timeframe to previous support zones (entry zones) is an area where supply reappears. Trading with the trend and shorting is the path of least resistance.
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【$ARC Signal】Short + Volume Breakout
$ARC is experiencing a volume breakout to the downside, with high open interest indicating that bulls are being liquidated. This is a typical sign of continued weakness.
🎯 Direction: Short (Short)
🎯 Entry: 0.0680 - 0.0695
🛑 Stop Loss: 0.0720 (Rigid Stop Loss)
🚀 Target 1: 0.0620
🚀 Target 2: 0.0580
The price has dropped by 17% with nearly 49 million in trading volume plummeting. The high open interest remained unchanged during the decline, fitting the weak structure of ‘price falling + open interest stable/increasing’. This is not a healthy correction but a driven wave dominated by selling pressure. Any rebound on the lower timeframe to previous support zones (entry zones) is an area where supply reappears. Trading with the trend and shorting is the path of least resistance.
Trade here 👇 $ARC
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