$ARC Still heading towards resistance - if it wants to rise, it must prove it.
Trading plan: Short $ARC (max 10x)
Entry: 0.036– 0.0375
Stop loss: 0.0420
Target 1: 0.0345
Target 2: 0.0325
Target 3: 0.0300
The structure has not changed much. The upward movement seems corrective, and the momentum expansion is missing, with attempts to rise continuously stalling. With the stop loss now wider above the local high, this provides room for the final liquidity pull before a potential rotation. As long as acceptance above that level does not occur, I still lean towards the downside.
$ARC
arc
Alpha
0.046223
+7.45%