$ARC – Bounce running into resistance, momentum fading

Trading Plan: Short $ARC (max 10x)

Entry: 0.051 – 0.0535

SL: 0.057

TP1: 0.046

TP2: 0.042

TP3: 0.038

The bounce extended into this resistance zone, but the move is clearly losing strength. Buyers attempted to push higher, yet the follow-through is weak and price action is turning increasingly choppy.

Instead of clean continuation, we’re seeing signs of exhaustion. When momentum fades like this at resistance, it typically sets the stage for a pullback as sellers regain control.

This looks like a solid area to fade the move.

Trade $ARC here 👇

arc

Alpha

0.050504

-4.08%