💎 ARPA has recently encountered notable market dynamics, marked by a bearish candle rejection.
💎 There's potential for the price to rebound upwards, leading to a backtest on the Bullish Order Block (OB) area. From the Bullish OB, ARPA is expected to experience a strong bounce, continuing its upward trajectory and potentially retesting key resistance levels.
💎 A successful breakout above the resistance will signal bullish momentum, with the price aiming for our target strong resistance area.
💎 However, if ARPA fails to bounce within the Bullish OB area, the next support levels lie around $0.077 - $0.007.
💎 ARPA must bounce from the support area as it is a critical level. Failure to maintain this support, resulting in a breakdown, would be concerning as it could lead to further downward movement.
💎 There's potential for the price to rebound upwards, leading to a backtest on the Bullish Order Block (OB) area. From the Bullish OB, ARPA is expected to experience a strong bounce, continuing its upward trajectory and potentially retesting key resistance levels.
💎 A successful breakout above the resistance will signal bullish momentum, with the price aiming for our target strong resistance area.
💎 However, if ARPA fails to bounce within the Bullish OB area, the next support levels lie around $0.077 - $0.007.
💎 ARPA must bounce from the support area as it is a critical level. Failure to maintain this support, resulting in a breakdown, would be concerning as it could lead to further downward movement.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.