$ARC has officially broken below its ascending channel.



That structure had been supporting the uptrend, but the breakdown changes the market outlook.

Bears are beginning to take control, and momentum is shifting to the downside.

If sellers maintain this pressure, the next move could be a steady decline toward lower targets.

Watch for any weak retests of the broken channel, as they could offer further confirmation of the bearish trend.

For now, the path of least resistance appears to be lower.
ARC1.10%
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NonceCollector
· 3h ago
The upward channel has failed, momentum has turned downward, and the space below has opened up.
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AutumnSlopePath
· 3h ago
From the perspective of least resistance, it really is bearish; however, this kind of market is most likely to wipe out those who chase shorts—just make sure you control your position well.
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GateUser-8da82d63
· 4h ago
Classic technical breakdown, if retest fails to go up, it's a confirmation signal, ready to short.
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LiquidityLifeguard
· 4h ago
It's bearish, but don't rush to short, first see if there is a fake breakout.
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RouterWhisperer
· 4h ago
Channel broken, bears are taking control, stepping back to observe.
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