$ARC – Bounce pushing into resistance, starting to lose momentum here

Trading Plan Short $ARC

Entry: 0.051 – 0.0535

SL: 0.057

TP: 0.046

TP: 0.042

TP: 0.038

The bounce managed to extend higher but the move is beginning to fade around this zone. Buyers tried to keep pushing, though the follow-through is weakening and the structure is turning more choppy. Instead of continuation higher, price is starting to stall into resistance, and when momentum cools off like this it often leads to a pullback as sellers step back in.

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ARCUSDT

Perp

0.05061

-0.62%