$arc has printed a sharp impulsive rally from the 0.047 area into the 0.071–0.072 zone, followed by an immediate rejection and long upper wicks. This kind of vertical move with instant rejection usually signals short-term exhaustion rather than healthy continuation.
Price is currently struggling to hold above the 0.068–0.069 area, which is acting as a weak support after the rejection. The structure on the lower timeframe shows momentum slowing down, and any bounce looks corrective instead of trend-continuing.
Buyers failed to hold the highs near 0.071 and sellers stepped in aggressively, indicating distribution at the top. As long as price stays below 0.071, downside continuation toward the previous consolidation and liquidity zone is favored. A clean reclaim above 0.072 would invalidate this setup.
Scalp Trade Plan
Short
Entry Zone: 0.069 – 0.071
TP1: 0.065
TP2: 0.061
Stop Loss: 0.073
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Tip: Book partial profits at TP1 and move stop to entry
Short
#ARC Here 👇👇👇