$ARPA base formation complete, ready for a move? đ
$ARPA is showing strong signs of stabilization after the recent dip. The price has successfully reclaimed key moving averages on the 4H timeframe, and we are seeing consistent "wick rejections" at the lower levels, indicating that buyers are stepping in to defend the 0.0097 - 0.0100 zone.
Selling pressure has flattened out, and the volume is starting to pick up on green candles. This consolidation looks like a classic accumulation phase before a potential breakout towards the MA(99) resistance.
Long $ARPA
Entry: 0.01005 â 0.01020
SL: 0.00958 (Below recent swing low)
TP1: 0.01075
TP2: 0.01130
TP3: 0.01195
The overall structure suggests that the downside is getting limited, and the momentum is shifting. If the bulls can hold the 0.0100 level, we should see a steady climb as shorts start to cover. Keep a close eye on the volume follow-through!
Trade here đ
