The current price of $ARPA /USDT on the 15-minute time frame is 0.05597 USDT, marking a sharp rise of 30.83%.
The chart is showing support around 0.05366 USDT and resistance at 0.05749 USDT. Given this setup, a possible entry point for a long trade could be around 0.05597 USDT, with profit targets set at 0.05749 USDT (TP1) and 0.06191 USDT (TP2) for potential gains.
To manage risk, a stop loss could be placed slightly below the support at 0.05366 USDT.
Watch for a possible breakout above the resistance, which could indicate further bullish momentum.
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