Is ARCUSDT Gearing Up for a Breakout?Yello, Paradisers! #ARCUSDT has been regaining strength after a corrective phase, showing promising signs of a rebound. Recently, the price formed a double bottom, a bullish pattern that often signals a trend reversal. Momentum is building as the price begins to break above this key structure, setting the stage for a critical test ahead.
💎The spotlight now is on a descending resistance at $0.04120, which has consistently capped #ARC’s upside potential. A breakout above this level could be the game-changer bulls are waiting for, paving the way for a bullish rally targeting $0.0510 to $0.0540. These levels align with moderate resistance zones and the double bottom's projected pattern target, where profit-taking might emerge.
💎If the bullish momentum remains strong, ARC could aim even higher, testing the next major resistance around $0.0630 to $0.0650. This range represents a robust supply zone that traders should keep on their radar.
💎On the downside, the neckline breakout level at $0.0370 to $0.03550 is a critical support zone. Any retest here is likely to attract significant buying interest, bolstered by the protective cushion of the EMA-200 and EMA-100. This confluence adds an extra layer of confidence for bulls preparing for the next move.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
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