ARPA/USDT Technical Analysis & Trade Signal
Current Price: $0.05447
Momentum: Bullish, with a 24-hour price increase of 7.41%.
Trade Signal: BUY
Trading Strategy:
1. Entry Zone: $0.05400 - $0.05500
2. Stop Loss: $0.04900 (below the recent low)
Target Levels:
Target 1: $0.05650 (short-term resistance)
Target 2: $0.05900 (previous pivot point)
Target 3: $0.06200 (major resistance zone)
Indicators Overview:
RSI: Moving upward without being overbought, indicating potential for further growth.
MACD: Bullish crossover confirming upward momentum.
Volume: Increasing, which supports the price movement.
Key Level to Watch:
Breaking above the $0.05578 resistance could lead to further bullish momentum.
