🚨 $ARPA /USDT ON THE BRINK – MAJOR MOVEMENT LOADING! 🚨
The ARPA/USDT pair has seen significant volatility with a massive 27.96% price jump, currently sitting at $0.0546 USDT. After hitting a high of $0.06766 USDT, the coin has retraced, showing some signs of consolidation around its support levels.
💡 Market Overview:
24H High: $0.07240 USDT
24H Low: $0.04225 USDT
Volume: 2.06B ARPA / 121.31M USDT
Moving Averages:
MA(5): 12,467,463
MA(10): 11,853,811
The 15-minute chart shows a recent pullback from the high, indicating that ARPA is in a corrective phase. Traders should closely watch for potential further price action as ARPA has been one of the top gainers, and momentum is still playing a key role in price development.
💡 Critical Levels to Watch:
📉 Support Zone: $0.05431 USDT
ARPA is hovering just above a key support level. If it holds, we could see some bullish action driving the price higher again.
🚧 Resistance: $0.06343 USDT
A clean breakout above this level could spark another rally toward the recent highs of $0.06766 USDT and potentially retest $0.07240 USDT if bulls maintain momentum.
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📈 LONG Signal:
If ARPA/USDT breaks above $0.06343 USDT, consider entering a long position, targeting $0.06766 USDT with a take profit (TP) level around $0.07240 USDT.
Stop Loss: $0.05431 USDT to minimize downside risk if the support zone is lost.
📉 SHORT Signal:
If ARPA loses grip on the $0.05431 USDT support, a short opportunity could arise, targeting a pullback to $0.05200 USDT or lower.
Stop Loss: $0.05854 USDT in case of an upward fake-out.