$ARC faced a long liquidation near $0.0663, signaling a downside liquidity sweep where overleveraged longs were flushed out. This type of move often precedes stabilization or short-term relief bounces if selling pressure weakens. The $0.065–$0.064 zone now acts as key support, and holding above it could allow ARC to recover toward $0.068 and $0.071 as first resistance levels. Failure to reclaim $0.068 would keep price range-bound, while a clean loss of $0.064 opens the door toward deeper retracement. Market structure is neutral with a potential bounce setup. $ARC ‌#GateSpringFestivalHorseRacingEvent

ARC9,57%
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
LivingKingOfHell
· 02-11 14:35
Not a significant increase, so there probably aren't many high-leverage positions.
View OriginalReply0
  • Pin