📉 $ARC /USDT — 1H Chart Update | Volatility Cooling Down
ARC just went through a sharp pullback after an aggressive pump, and price is now stabilizing near a key zone.
🔍 Chart Breakdown:
Strong rally from ~0.049 → 0.072
Clear rejection at the top followed by a controlled sell-off
Current price hovering around 0.059
Price sitting near MA(25) while staying above MA(99) → mixed bias
Volume declining → selling pressure is cooling
📉 Bearish Case
Failure to hold 0.058
Possible revisit of 0.055 → 0.052 support
Below this, trend weakens further
📈 Bullish Case
Holding above 0.058
Reclaim 0.062
Potential move toward 0.066 → 0.070 resistance zone
💡 Summary ARC is in a post-pump consolidation phase. Direction will be decided by whether price holds above the mid-range support or loses it. Expect range trading and volatility in the short term.
⚠️ Trade carefully on perps. Not financial advice.
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