$ARC It looks like a short liquidation of $1,031.5 happened at $0.35146 for ARC. This means traders betting on the price going down were forced to buy back their positions, likely causing an upward price move.
Key Details:
Short Liquidation: Sellers got squeezed, which can push the price higher.
Current Price Level: $0.35146 (but might be moving).
Potential Next Move: If more shorts get liquidated, price could rise further. However, resistance levels could stop the rally.
What to Do Next?
Bullish Case: If price stays above $0.35 and builds momentum, it might push higher. Look for volume increase.
Bearish Case: If it drops back under $0.35, there could be a pullback. Watch for support around $0.33-$0.34.
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$ARC
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