$ARC is currently exhibiting a bearish structure on the 1H timeframe after breaking down from its recent consolidation ranges. The price slid from a local high of 0.0910 and has printed a series of lower highs and lower lows. It is currently down over 11%, testing a critical immediate support level around 0.0781.
If buyers step in to defend this support floor, a relief rally or dead-cat bounce could materialize. However, if the current selling pressure breaks beneath this key level, further downside accumulation should be expected. The technical levels to watch are:
* **Target 1:** 0.0825
* **Target 2:** 0.0860
* **Target 3:** 0.0895
#ARC #AIRigComplex #Crypto #Trading #TechnicalAnalysis


arc
Alpha
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