$ARPA is currently testing the lower Bollinger Band at 0.01650, indicating potential overselling.
The recent price decline of 1.865% suggests a need for caution.
Support at 0.01624 remains critical; a break below may signal further weakness.
Resistance is established at 0.01756, which could cap upward moves.
Volatility appears to be contracting, indicating a potential consolidation phase ahead.
Consider placing a stop-loss just below 0.01624 to manage risk.
Recommended action: set alerts for key price levels while awaiting clearer signals.