$ARC experienced a strong breakout after a 17% volume increase, combined with a surge in open interest. This is a typical signal of institutional entry, rather than a bearish trap.
🎯 Direction: Long
🎯 Entry: 0.0630 - 0.0645
🛑 Stop Loss: 0.0595 ( Rigid Stop Loss )
🚀 Target 1: 0.0710
🚀 Target 2: 0.0780
The price broke through a key resistance level with increased volume, and the simultaneous spike in open interest confirmed the authenticity of the buying pressure. The chart shows that selling pressure was fully absorbed, with a shallow and quick pullback, which is characteristic of a strong market. As long as the price can stay above the breakout zone, the upward momentum is expected to continue.
Trade here 👇 $ARC
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
[$ARC Signal] Long + Price and Volume Breakout
$ARC experienced a strong breakout after a 17% volume increase, combined with a surge in open interest. This is a typical signal of institutional entry, rather than a bearish trap.
🎯 Direction: Long
🎯 Entry: 0.0630 - 0.0645
🛑 Stop Loss: 0.0595 ( Rigid Stop Loss )
🚀 Target 1: 0.0710
🚀 Target 2: 0.0780
The price broke through a key resistance level with increased volume, and the simultaneous spike in open interest confirmed the authenticity of the buying pressure. The chart shows that selling pressure was fully absorbed, with a shallow and quick pullback, which is characteristic of a strong market. As long as the price can stay above the breakout zone, the upward momentum is expected to continue.
Trade here 👇 $ARC
Follow me: Get more real-time analysis and insights on the crypto market!
#GateSquareCreatorSpringIncentive
#US-EU Tariff Dispute Impacts Market
#Crypto Market Pullback
#GateLaunchpadIMU