$ARC The ARC chart is looking rough on the 1H timeframe. We're currently at 0.07095, down nearly 8% on the day, after bouncing off a low of 0.06838.

Here’s the read on the structure:
🔹 The Downtrend: This is a clear series of lower highs and lower lows. The MAs (5, 10, 30) are fanning downward, confirming strong bearish momentum.
🔹 The Rejection: We recently got rejected hard at the 0.07485 level, which sent us tumbling to new local lows. The MA30 (orange line) at 0.07395 is acting as a massive ceiling.
🔹 The Bounce: We are seeing a tiny green candle right now, but it looks weak. It's likely just a pause before the next leg down.

My take: This is a falling knife. Do NOT try to catch this just because it looks "cheap." The structure is completely broken. Unless we see a massive volume spike that reclaims the 0.074 level (MA30), any bounce here is likely a dead cat bounce. I’m staying far away until a clear base forms.

Protect your capital. 🛡️

#ARC #Crypto #Trading #Meme #Altcoins