#GoldmanSachsExitsXRPSolanaETFs
$ARPA Bearish Rejection – Breakdown Confirmed
ARPA rejected firmly at the 0.01245 level after a strong rally and is now sliding toward 0.01214 with momentum shifting decisively to the downside. The asset has lost its bullish momentum, and sellers are stepping back in.
🔻 Market Bias: SHORT
🔹 Entry Zone: 0.01210 – 0.01220
🔹 Stop Loss: 0.01250
🎯 Profit Targets:
• TP1: 0.01180
• TP2: 0.01150
• TP3: 0.01120
Leverage: 10x – 15x
Technical Outlook:
· RSI(6) at 57.51 – Dropping from overbought levels, indicating momentum shift to the downside with more room to fall.
· MACD: Green histogram is contracting, signaling a potential bearish crossover ahead.
· Structure: Failure to break above 0.01245 followed by a rejection candle with lower highs forming.
· Volume: Selling volume is increasing on the pullback, confirming bearish control.
The rally from 0.01095 has likely topped. If price breaks below 0.01200, acceleration toward 0.01180 and deeper levels is likely. Do not try to catch this falling knife. 📉