ARC's recent performance is worth paying attention to. After a 17% increase in volume, the price strongly broke through a key resistance level, while open interest surged. This combination of rising price and volume usually indicates genuine entry of major funds, rather than a short-seller's dump.
From the market details, selling pressure has been fully absorbed, with a shallow and rapid pullback, which is a typical feature of a strong market. Whether the price can stabilize above the breakout area is crucial for subsequent development. If it holds steady, the upward momentum is likely to continue.
**Technical reference**: For a long position, the suggested entry price range is between 0.0630 and 0.0645. Set a rigid stop-loss at 0.0595, with the first target at 0.0710 and the second target at 0.0780. The logic behind this setup is that volume breakout combined with open interest confirmation indicates a strong buying conviction.
Of course, any trading should be adjusted according to your own risk tolerance.
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LayerZeroHero
· 20h ago
The theory of price and volume rising together has been tested by me, and it is indeed reliable. The key still depends on whether the holding volume can be maintained.
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IronHeadMiner
· 20h ago
ARC this wave looks interesting, with a 17% volume surge and a direct push forward. But I've seen this kind of market many times before, and it often ends with a sharp drop from a high...
By the way, does anyone really buy in at the 0.063 level? I think I'll wait for a more stable point.
Absorbing selling pressure? Ha, I think it's just the main force collecting chips. Don't be too optimistic.
This stop-loss point is set a bit tight, at 0.0595? A small sell-off and you're out.
Price and volume rising together sounds good, but I just want to ask, how genuine is it?
Anyway, this kind of technical analysis is just for reference, don't go all in.
Damn, I just remembered how badly ARC trapped people last time. Better to be cautious.
Target at 0.078? I dare to set it, but the question is whether it can reach that level.
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LiquidityWizard
· 20h ago
Damn, ARC this time really has some substance, the main force has really come in
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The saying that price and volume rise together is getting tired, let's wait until it stabilizes before talking
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0.0710? Haha, as long as it doesn't fall below 0.0595, I’ll just laugh
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Adjusting according to your risk tolerance? Basically, it’s about whether you dare to go all in
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A surge in holdings sounds good, but in reality, someone is just picking up the slack
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Absorbing selling pressure? Feels like a trick to lure retail investors in and lift the price
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Hmm, this idea is okay, but I still need to look at the market myself before making a decision
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0.0780 is just a target, I just want to know when I can break even
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Strong breakout? Let’s wait and see, it’s a bit early to buy now
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BlockchainFries
· 20h ago
I'm tired of the same saying "price and volume rise together with the main force entering," to be honest.
Bet on 0.0645? Alright, but I still don't believe it will go that smoothly.
Can 0.0595 really hold? That's the real question.
It seems everyone is waiting for the first target level, but the real test is whether it can hold.
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UnluckyLemur
· 20h ago
Price and volume rising together—I've heard that phrase too many times. How did it go last time when we said it about ARC?
It's that same standard script about entry points, stop-loss, and target levels. Feels like it's always the same...
Let's wait until it really stabilizes before making any judgments. It's a bit early to say the momentum will continue now.
I'm a bit afraid to buy at 0.0630; I always feel it might dip back down for a test.
Is the main capital entering? I feel like it's all just stories.
If this wave can reach 0.0780, I'll go all in, but heaven never favors me.
Forget it, I'll wait for a clear signal before taking action. Anyway, there's no rush.
ARC's recent performance is worth paying attention to. After a 17% increase in volume, the price strongly broke through a key resistance level, while open interest surged. This combination of rising price and volume usually indicates genuine entry of major funds, rather than a short-seller's dump.
From the market details, selling pressure has been fully absorbed, with a shallow and rapid pullback, which is a typical feature of a strong market. Whether the price can stabilize above the breakout area is crucial for subsequent development. If it holds steady, the upward momentum is likely to continue.
**Technical reference**: For a long position, the suggested entry price range is between 0.0630 and 0.0645. Set a rigid stop-loss at 0.0595, with the first target at 0.0710 and the second target at 0.0780. The logic behind this setup is that volume breakout combined with open interest confirmation indicates a strong buying conviction.
Of course, any trading should be adjusted according to your own risk tolerance.