š $ARPA
USDT BEARISH PULLBACK ā BULLS LOSING MOMENTUM?
$ARPAUSDT surged over 20% to a high of $0.02514 but is now retracing, currently trading at $0.02212 on the 15m chart. The sequence of lower highs and a breakdown below mid-support zones suggests potential further downside if buyers fail to defend key levels.
š Key Levels:
Resistance: $0.02350 ā $0.02514 (recent rejection zone)
Support: $0.02150 (immediate), $0.02000 (strong psychological support)
Current Price: $0.02212
šÆ Trade Setup (Short):
Entry Zone: $0.02220 ā $0.02280
Targets: TP1: $0.02150, TP2: $0.02080, TP3: $0.02000
Stop Loss: $0.02320
š Market Outlook: Despite the strong daily gain, bearish candles indicate weakening momentum intraday. If $0.02150 breaks, sellers could drive price towards deeper support levels.
ā ļø Risk Management: Use strict stop losses above resistance to manage unexpected bullish reversals. Never risk more than 1-2% of your capital per trade in such volatile pullbacks.
#ARPA #CryptoAnalysis #Binance #ARPAUSDT #TradingSetup
buy and trade here on $ARPA