ARC is perched near the recent swing high, eyeing a breakout as buying pressure builds.
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$ARC LONG ๐
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๐ Entry Range: $0.049730 โ $0.049830
๐ Stop Loss: $0.048287 (-3.0%)
๐ฏ TP1: $0.050527 (+1.5%)
๐ TP2: $0.052269 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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A change of character on the 4โhour chart paired with a rising CVD confirmed the bullish shift, while a fresh fair value gap and an order block overlap create a strong POI. The market structure break has cleared the last swing low, setting the stage for a move toward the next resistance.
A 3.0% stop is fairly tight on this volatility, so keep leverage at 2โ3ร to protect equity.
Consider taking half profit around the first target as price approaches the midpoint of the order block.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$ARC #ARCUSDT #CPIWatch #TradingSignals #Write2Earn