$arc
– Momentum fading into resistance ⚠️
The recent bounce is now approaching a key resistance zone, but signs of exhaustion are starting to appear. While buyers attempted to extend the move higher, momentum is weakening and price action is becoming more choppy.
This lack of strong follow-through suggests the rally may be losing strength, opening the door for a potential pullback if sellers step back in.
Trading Plan – Short $arc (max 10x)
• Entry: 0.051 – 0.0535
• Stop Loss: 0.057
• Targets:
TP1 → 0.046
TP2 → 0.042
TP3 → 0.038
A failure to break higher with conviction could confirm this as a local top, increasing the probability of downside continuation.
If you want, I can turn this into �a more aggressive “alpha style” or �a shorter tweet version.