📉 $ARIA – Massive Rejection at Resistance, Bearish Momentum Accelerating
Trading Plan: Short $ARIA
Entry: 0.0985 – 0.1050 SL: 0.1180 TP 1: 0.0930 TP 2: 0.0885 TP 3: 0.0854
The chart shows a violent rejection from the $1.02 level, resulting in a massive "flash crash" style red candle. Currently, price action is struggling to recover, staying well below the Supertrend line (0.2372), which confirms a strong downtrend.
The RSI (6) is at 26.40, indicating extreme weakness, while the MACD histogram remains deeply negative. The order book shows a significant "Ask" wall (59.86%), meaning sellers are heavily suppressing any attempt at a bounce. Expect further capitulation toward the next liquidity zone.
Trade $ARIA here 👇