ARC/USDT has been showing some interesting movements recently. The 15-minute RSI remains neutral, but on the 1-hour chart, it has already surged to a somewhat strong level of 67. The overall trend on the 4-hour chart also looks upward and not bad. However, there's a big hidden problem — trading volume has plummeted, shrinking to only 96%, which is awkward. Although the price is pushing upward under pressure, is there real momentum? That's the suspense.



Let me summarize the key price levels. Currently stuck at the psychological barrier of 0.0400, with resistance levels at 0.0410 and 0.0425, and support levels at 0.0390 and 0.0375.

How to operate? Here's my idea. If volume increases and breaks through 0.0410, confirming the momentum, then we can go long with a target of 0.0425 and a stop-loss at 0.0395 for safety. Conversely, if it falls below 0.0390, we should switch to a short position with a target of 0.0375 and a stop-loss at 0.0405. But in the range between 0.0390 and 0.0410, I prefer to stay on the sidelines; there's no need to force a move.

Honestly, the biggest constraint right now is the insufficient trading volume. If you force a trade, you're more likely to get worn out. It's better to wait for clearer signals before taking action. My approach is to watch whether volume breaks out or falls below support, and then follow the clear direction.
ARC4,55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
TokenomicsDetectivevip
· 01-11 23:45
With such a decrease in volume, I’m worried. Let’s wait and see.
View OriginalReply0
BearMarketBuildervip
· 01-09 19:38
With such weak volume, you still want to go up? Hold on, the trapped retail investors, keep going!
View OriginalReply0
gas_fee_therapyvip
· 01-09 13:53
With such weak volume, still trying to jump in? You'll easily get trapped and stuck.
View OriginalReply0
unrekt.ethvip
· 01-09 01:55
With such low trading volume, how dare to chase? Wait a bit.
View OriginalReply0
MEVHunterLuckyvip
· 01-09 01:54
With such weak volume, forcing the operation is just asking for trouble.
View OriginalReply0
ParanoiaKingvip
· 01-09 01:50
The shrinking volume is truly outrageous; the apparent rise is actually all fake.
View OriginalReply0
PumpStrategistvip
· 01-09 01:37
With such weak volume, dare to chase longs? Typical rookie mentality --- If you can't break 0.0410, don't bother. Watching is the right move --- RSI 67 isn't a big deal; trading volume is king. The current volume simply can't support a move --- Wait, this rhythm is correct. Enter only when clear signals appear, otherwise you're easily trapped --- I want to see who would stubbornly act at this level; the odds aren't very friendly --- Chip distribution shows insufficient volume; risk hasn't been fully released yet --- Interesting levels, but not a reason to enter. Be patient and wait --- Only if 0.0390 breaks can we confirm a downtrend; we're still in hesitation --- The pattern has formed but momentum is lacking; isn't this just a trap? --- Currently, this state belongs to the gambling zone. Without clear signals, just watch. Smart people should do this
View OriginalReply0
ForkItAllDayvip
· 01-09 01:36
With such weak volume, you still want to break through? Dream on, my friend.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)