The ARPA/USDT chart shows a significant gain of +35.41% in the last 24 hours, with the price currently at 0.05706. The 24h high is 0.07240, and the low is 0.04200, indicating strong volatility. The price is currently under the MA(7) of 0.05810, and the MA(25) and MA(99) indicate possible bearish pressure, suggesting the uptrend might be weakening.
Long Entry: If the price breaks above 0.05850 (above MA(7)), it may signal a continuation of the uptrend.
Short Entry: If the price falls below 0.05500 (recent support level), a short position can be considered.
Stop Loss (Long): Set at 0.05600.
Stop Loss (Short): Set at 0.05850.
The overall trend suggests caution, with mixed signals between short-term gains and potential corrections.
#SCRSpotTradingOnBinance #BTCSoarsTo68K #TeslaTransferBTC #BinanceLabsInvestsLombard #APESurge
