đ„ $ARC Showing Bullish Structure with Consolidation Signals
Price has rebounded from the 0.0657 low and is now forming higher highs, signaling a developing uptrend. The latest four 4H candles are consolidating around the 0.072 level.
The most recent 4H candle closed as a doji, reflecting short-term hesitation. However, declining volume suggests this is more likely a healthy consolidation phase rather than a reversal.
On the 1H timeframe, volume spiked to around 100M compared to the 50M average â strengthening the case for a potential breakout.
Capital Flow:
Strong net inflows on the 1H (+141K) and 30m (+99K) timeframes support the upward momentum, though the 24H shows outflows (-951K), hinting at some profit-taking near higher levels.
đ Long Setup â $ARC
âą Ideal Entry: Pullback to 0.0705â0.0710 (MA5 support zone)
âą Aggressive Entry: Break and hold above 0.0719 resistance with strong volume
Stop-Loss: 0.0680
Targets: 0.0745 â 0.0765
Trade wisely đ
