$ARC Long Liquidation: $2.0601K at $0.04186
Long traders on $ARC were forced out as price slipped below key support, triggering stop losses and accelerating the downside move. Buyers failed to defend the level, allowing sellers to take short-term control.
Liquidation Type: Long
Liquidated Amount: $2.0601K
Liquidation Price: $0.04186
EP: $0.04180
TP: $0.04020 → $0.03850
SL: $0.04320
Market Outlook:
This long liquidation signals weakness below the $0.042 zone. As long as price remains under the liquidation level, downside pressure can continue toward lower support areas. Any bounce without strong volume is likely to face selling.
Pro Tip: After a long flush, don’t rush trades. Let price stabilize and reclaim structure before looking for longs patience protects capital.
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