🚨 $ARC Current Trend Bearish 📉
K-line data reveals significant volume spikes during price declines around $0.062, indicating notable selling pressure. However, volume has decreased near current levels, which suggests a period of consolidation.
Capital flow data shows strong net inflows over the past 24H ($13.31M USDT) and 7D ($46.03M USDT). Despite this, short-term outflows (-29.03% in 4H) indicate potential profit-taking.
For a short Entry on $ARC, consider the range of $0.080–$0.082. This aligns with the MA5 and recent price rejections. Alternatively, a clear break below the key support at $0.075 could confirm further downside movement.
Set your SL at 3–5% above entry, specifically around $0.084. Initial TP for $ARC is between $0.070–$0.072. If the $0.062 support level breaks, the next TP target could be $0.057.
Stay informed and trade responsibly. 👇
#ARC #ARCUSDT #AIRigComplex
