$ARC faced a long liquidation near $0.0663, signaling a downside liquidity sweep where overleveraged longs were flushed out. This type of move often precedes stabilization or short-term relief bounces if selling pressure weakens. The $0.065–$0.064 zone now acts as key support, and holding above it could allow ARC to recover toward $0.068 and $0.071 as first resistance levels. Failure to reclaim $0.068 would keep price range-bound, while a clean loss of $0.064 opens the door toward deeper retracement. Market structure is neutral with a potential bounce setup. $ARC #GateSpringFestivalHorseRacingEvent
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EvilCultNorthBeggarClanLeader
· 19h ago
Not a significant increase, so there probably aren't many high-leverage positions.
$ARC faced a long liquidation near $0.0663, signaling a downside liquidity sweep where overleveraged longs were flushed out. This type of move often precedes stabilization or short-term relief bounces if selling pressure weakens. The $0.065–$0.064 zone now acts as key support, and holding above it could allow ARC to recover toward $0.068 and $0.071 as first resistance levels. Failure to reclaim $0.068 would keep price range-bound, while a clean loss of $0.064 opens the door toward deeper retracement. Market structure is neutral with a potential bounce setup. $ARC #GateSpringFestivalHorseRacingEvent