$ARX This 14-point rally came a bit too fast. The 24h trading volume of 9.4M shows money is moving, but I haven’t gotten in yet—here’s my position first: currently flat. My 0.195 limit order from yesterday didn’t fill, so I missed this move.

Here’s my take: on the daily chart, 0.23-0.234 is a dense resistance zone from previous highs. The price just surged to 0.2338 and clearly met selling pressure. Volume hasn’t confirmed the new price high, so the short-term move looks a bit shaky. I haven’t seen any signs of large on-chain transfers to exchanges, and there’s no new fundamental narrative for now, so this move looks more like an emotional trade.
Trading plan: don’t chase. I’ll wait for a pullback to the 0.215-0.218 range and enter in batches, keeping my position at 30%. Stop loss below 0.205, first target 0.245, then 0.26 if it breaks through.
Two scenarios: first, if it holds above 0.215 on the pullback and rallies again, I’ll admit I was wrong and chase with a 10% position; second, if it breaks below 0.205 on heavy volume, I’ll drop this asset entirely and won’t try to catch a falling knife.
I’ll update the results in the comments #每周来晒 #Gate广场中秋团圆局