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【$ARPA Signal】Short | Volume Breakout Downward
$ARPA is experiencing a volume breakout downward, with a daily decline of over 24%. Coupled with high open interest, this indicates strong bearish dominance and potential long liquidation pressure.
🎯 Direction: Short (Short)
🎯 Entry: 0.0160 - 0.0165
🛑 Stop Loss: 0.0175 (Rigid Stop Loss)
🚀 Target 1: 0.0140
🚀 Target 2: 0.0120
Price action shows unresisted selling, accompanied by massive trading volume and high open interest, which is typical of an accelerating bearish trend. Market sentiment has shifted to panic selling; key support levels have been effectively broken and turned into resistance, with no clear buy-side support structure below. The market logic points to further decline to liquidate over-leveraged long positions.
Trade 👇 $ARPA
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