$ARC High-Risk Short Setup After +49% Explosive Pump⚡📉
$ARC shows a +49% explosive pump into extreme overbought territory, presenting a high-risk, high-reward short opportunity.
🎯 Short Entry Zone
Entry: $0.0835 – $0.0848
Stop Loss: $0.0895
TP1: $0.0780
TP2: $0.06306 (Supertrend Support)
TP3: $0.0588
📊 The Rationale & Execution Plan:
Severely Overextended: RSI(6) at 94.81 signals extreme overbought conditions.
Key Rejection Level: The 24h high at $0.08480 is the level to watch.
Confirmation Signal: Wait for a clear 1H or 4H bearish reversal candle (bearish engulfing or pin bar) at or below $0.08480 with declining volume.
Risk Management: Enter with 1–2% portfolio risk and use minimal or no leverage—volatility is extreme.
This is a momentum fade play expecting a sharp pullback toward the Supertrend support at $0.06306. Trade with extreme caution and strict risk discipline.
Trade here👇🏻
