$ARPA /USDT – Short Opportunity After Parabolic Spike! 🚨
Price: $0.02200 (+7.32%)
24H Range: $0.02030 – $0.02250
After a strong vertical pump, $ARPA is showing early signs of exhaustion with the first red candle printing after a sharp wick rejection from $0.02250.
Key Levels:
• Resistance: $0.02250 / $0.02220
• Support: $0.02150 / $0.02100
Short Trade Setup:
• Entry Zone: $0.02190 – $0.02220 (on weak bounce/retest)
• Target 1: $0.02150
• Target 2: $0.02100
• Stop Loss: $0.02260
Market Insight:
Momentum traders may be taking profit at local highs. The volume spike shows a possible blow-off top, making it a great R:R short play.
Pro Tip: Look for weakness on the 1–5m candles — lower highs forming below $0.02220 is your entry confirmation!
Don’t chase green! Ride the retrace with discipline.
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