I'm watching $ARX closely here. After an explosive breakout from 0.1300 to 0.4724 (+260%+), price entered a sharp correction and has now retraced into the 0.27–0.29 demand zone. The sell-off is losing momentum, RSI has cooled significantly, and price is beginning to stabilize, suggesting this could be the first accumulation base after the parabolic move.
I prefer accumulating this cooldown rather than chasing pumps. If 0.27 continues to hold, the current structure favors a relief rally first, with a retest of the recent high becoming increasingly likely if buying pressure returns. 📈 Trade #ARX here {alpha}(560xd5f6ef5deabe61e6d5cdb49bfb6f156f2c1ca715) $LRCX $O
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