#ARC Bearish Reversal Short Setup: Sell on Retracement! 📉🚨
Although the current price is trading at $0.04851, our analysis suggests a potential retracement back to higher levels before the downtrend resumes. We’re eyeing an entry zone between $0.0578651 and $0.0583679—a sweet spot to short once the market tests previous resistance.⚡
In this setup, we're planning to enter a short position using 10x isolated leverage. The idea is to capitalize on a false rally: if the price bounces up into this range, it's likely to reverse, allowing you to ride the subsequent downtrend. ☀️
Trade Details:
🔰 Entry Zone: $0.0578651 - $0.0583679 (Sell on the retracement)
🎯 Profit Targets:
🔹Target 1: $0.0574515 – Secure early gains
🔹Target 2: $0.0562316 – Capture further decline
🔹Target 3: $0.0550117 – Lock in additional profit
🔹Target 4: $0.0537918 – Aim for a deep correction
🛑 Stop-Loss: $0.0614307 – Protect your position if the move reverses
This trade is built on the expectation that after a brief rally, the bearish momentum will take hold again. If the price reaches our entry zone, act fast and sell now to maximize your shorting potential while keeping risk under control.
What are your thoughts on this trade? Drop a comment below and share your perspective! 💬
Stay sharp, manage your risk carefully, and be ready to take action when the market retraces! 📚
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