【$ARC】Short, High-Level Volume with Stagnant Rise / Buying Exhaustion / Luring Suspicion


$ARC After the price surged higher, the hourly chart shows volume expansion with stagnant rise, and buying pressure is clearly exhausted. Although the daily gain is considerable, the latest K-line closed at a high-level bearish candle, with buy-side depth significantly weaker than sell-side, a typical pattern of pulling up and dumping. Chasing longs at this position will likely result in providing liquidity to the smart money.
🎯 Direction: Short🛑 Stop Loss: 0.0435⚡ Entry: 0.0418 - 0.0422🚀 Target: 0.0390🛡️ Strategy: Short on rebounds, scale in gradually, add position on breakdown below 0.0410.
View Real-Time Chart 👇 $ARC
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#Gate13周年全球庆典 #TradFi首创多倍杠杆 #美联储维持利率不变
ARC6,35%
BTC-0,96%
ETH-1,89%
SOL-1,13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin