$ARC Signal | Bullish with high resistance, waiting for a pullback to go long


$ARC After four consecutive bullish candles on the 4H chart, the 1H chart is consolidating in the 0.0750-0.0765 range, with the MACD histogram shrinking, indicating weakening bullish momentum. The buy order depth ratio of 1.91 suggests that the buying support below has not yet retreated, but the 1H buy ratio remains below 0.45, indicating reduced active buying interest. RSI on the 1H chart is at 63.7, not overbought, leaving room for a pullback.

๐ŸŽฏDirection: Long (waiting for a pullback to place orders)

โšกEntry/Order: 0.07519

๐Ÿ›‘Stop Loss: 0.06945

๐Ÿš€Target 1: 0.07555

๐Ÿš€Target 2: 0.07586

๐Ÿ›ก๏ธTrade Management: - Execute strategy: After the order is filled, if the price drops below 0.0735, exit early; upon reaching Target 1, reduce position by 50%, move stop loss up to entry price; remaining position targets at Target 2.

The current risk-reward ratio is only 0.06, but the funding rate of 0.0348% shows no anomalies. After consolidation and gathering strength, another surge may occur. Strictly place orders, do not chase high.
View real-time market ๐Ÿ‘‡ $ARC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
โ€#WCTCไบคๆ˜“็Ž‹PK #ๅŠ ๅฏ†ๅธ‚ๅœบๅฐๅน…ไธ‹่ทŒ #Polymarketๆฏๆ—ฅ็ƒญ็‚น
ARC12.19%
BTC-0.62%
ETH-1.47%
SOL-1.08%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments