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$ARIA Continue to stay bearish. Everyone is crazily buying the dip, but I think this could be just a trap.
The 4-hour short structure is still intact for now, and the daily momentum is also relatively weak. The price has clearly been rejected in the 0.02279 to 0.02286 area. Now the 15-minute RSI is around 60, which gives enough room for the bears to keep pushing downward. Also, the 15-minute trading volume is extremely low, confirming real sell pressure rather than market noise.
At the moment, you can look for bearish opportunities in the 0.02279 to 0.02286 range; downward, it may test 0.02255 and even the 0.02209 area. Don’t overextend your trade by chasing too much. For defense, you can place orders around 0.02319. Watch the risk.