📉 $ARC — BEARISH CONTINUATION (SHORTS)🔴
Bias: Bearish breakdown after a failed reclaim of the "Value Area." ARC has lost its key $0.08 support and is now showing a classic "bear flag" pattern on the lower timeframes, suggesting another leg down is imminent.
🔴 Entry Zone: 0.0697 – 0.0745
⛔️ Stop Loss: 0.0815 (Above the recent swing high + resistance flip)
🎯 TP1: 0.0600
🎯 TP2: 0.0537
🎯 TP3: 0.0480 (Major liquidity pool)
💀 Max Target: 0.0350 (Full cycle retracement)
🧠 Reasoning:
ARC is currently one of the weakest performers in the mid-cap sector, down over 32% in 24 hours. The chart shows a clear rejection from the gray consolidation box (0.078 – 0.082), We are looking to enter on any "dead cat bounce" back toward the 0.070 level.
‼️Trade Note: The ARC ecosystem is currently facing high volatility due to the rollout of the "Economic OS" testnet. This makes it a "momentum" trade. Move your Stop Loss to entry (breakeven) once TP1 is hit to protect your capital.
CLICK HERE TO SHORT👇🏻
