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[$ARC Signal] Long + Price and Volume Breakout
$ARC surged strongly after a 21.89% volume increase, with price action indicating that the main buying pressure continues to absorb, rather than a short squeeze. Open Interest (OI) has also increased to 537 million, confirming healthy bullish momentum.
🎯 Direction: Long
🎯 Entry: 0.0645 - 0.0655
🛑 Stop Loss: 0.0620 ( Rigid Stop Loss )
🚀 Target 1: 0.0700
🚀 Target 2: 0.0750
$ARC No significant profit-taking selling pressure appeared after the breakout. The price remains in high consolidation after pushing up, which is a sign of strength. The volume and price are rising together with increasing OI, indicating new funds entering the market. The pullback on lower timeframes is quickly absorbed by buying. As long as the price stays above the 0.0620 breakout zone, upward momentum will continue.
Trade here 👇 $ARC
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