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$$ARX It dropped 22% in 24 hours, and the price of 0.2598 has broken below the previous support level of 0.2720. Technically, the 4-hour MACD shows a death cross with expanding volume, and the RSI has fallen to 28 in the oversold zone without any divergence—this indicates that bears are not exhausted yet. There is short-term buying interest trying at 0.2520, but the rebound is capped by the resistance zone of 0.2750-0.2800. My view: if you hold a position, reduce it near 0.27 with a stop loss below 0.2480; if you have no position, don't rush to buy the dip—at least wait for the price to reclaim 0.28 with a breakout on strong volume on the 15-minute chart before considering entry. This decline is an acceleration after a shrink-volume downtrend, with sell-side funds still flowing out. The short-term target is 0.24. Wait for indicators to repair before looking for right-side opportunities; don't catch a falling knife on the left side.
I am an old ARX veteran; I only trade based on charts every day.