Urgent Update
Best startegy on this coin
When it will dump or Pump
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Here's a short analysis of ARPA/USDT based on the chart
Trend Overview:
The coin has surged 43.95% in the last 24 hours, reaching a high of 0.07240 before pulling back to 0.06027.
This indicates strong bullish momentum but with signs of a pullback.
Moving Averages (MA):
MA(7): 0.05381 (yellow) – The price is well above this short-term MA, confirming strong momentum.
MA(25): 0.04465 (pink) – Upward trend also reflected on the mid-term MA.
MA(99): 0.04080 (purple) – The price is far above the long-term MA, indicating a trend reversal from previous lower levels.
RSI (20):
RSI is at 79.61, indicating the market is in the overbought zone, suggesting a potential correction or consolidation phase soon.
Volume Spike:
The volume has increased sharply, which supports the breakout, but diminishing volume on the recent candles hints at reduced momentum.
Best Signal / Strategy:
Short-term play:
Pullback entry: Wait for a retracement toward 0.055 - 0.057 for a safer entry.
Stop-loss: Place stops around 0.048 to manage risk.
Target: If bullish momentum continues, aim for 0.070 - 0.074.
If considering a short trade (due to RSI overbought levels):
Entry: Around 0.061 - 0.063.
Stop-loss: Above 0.073 (previous high).
Target: 0.052 - 0.055.
Monitor the volume closely—if it picks up again, the uptrend could extend further. Use tight stops to protect against sudden reversals.
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