$ARPA has been quite interesting in this recent rally, with a 57.76% surge within 24 hours. Behind this is not just simple short covering, but genuine buying interest entering the market. Looking at the open interest (OI) increasing simultaneously, it’s clear that the main players are building positions.

From a technical perspective, the price has broken through a key level driven by massive volume. The important point is that both open interest and price are rising together, which is a typical signal of main players building or adding to their positions. Currently, the price is consolidating above the breakout level, and market sentiment has shifted from skepticism to FOMO, but there are no signs of exhaustion-driven rapid rise yet, indicating this rally still has momentum.

From a trading standpoint, my view is:
🎯 Bullish outlook
🎯 Entry zone is between 0.0200-0.0205, a healthy pullback to this level is a good low-risk entry opportunity
🛑 Stop-loss set at 0.0185, which is a rigid stop-loss level
🚀 First target at 0.0240
🚀 Second target at 0.0280

Place the stop-loss below the bottom of the volume-increasing candlestick, ensuring risk is manageable. At this stage, market psychology is gradually shifting from doubt to chasing gains, but it’s far from a frenzy, so there’s still an opportunity to enter within this range.