Market Spotlight: $ARC Eyes Critical 5m Support at 0.01379 Amid Mixed Momentum
#ARC consolidates above key 0.01379 support after a strong rally, showing conflicting signals from momentum indicators hinting at a possible short-term bounce.
Despite bearish pressure, stochastic and DMI suggest a potential bullish reversal if price holds above 0.01379, targeting resistance near 0.01422. A decisive break below 0.01379 could push price toward the demand gap around 0.01368. Watch for reversal patterns near these levels to gauge next moves. This is only a partial report. For the full analysis with TP/SL/entries and confirmations, go through our Telegram bot via the link below.
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