Guys, I’m taking a fresh short on $ARC as price is facing strong rejection after failing to hold the 0.06919 resistance zone. Sellers are stepping in aggressively, opening the possibility of another move toward the lower support levels.

#ARC rejected sharply from the 0.06919 area on the 1H chart. The strong bearish candle shows clear selling pressure, and as long as price stays below this resistance, the short setup remains favorable.

Entry: 0.06480 – 0.06919

TP1: 0.06200
TP2: 0.05800
TP3: 0.05367

SL: 0.07626

Sell and Trade
$TUT
$BANK