ARC's recent trading performance is worth noting. The 30-minute candlestick volume suddenly surged by over 40%, which typically indicates a significant increase in market participation.
The current price remains stable around 0.07987 USDT, with two key reference points from a technical perspective. The support level below is at 0.07751, approximately 5.31% below the current price. The resistance level above is at 0.08437, about 3.07% above the current price. It is also important to note that the small range between 0.08437 and 0.08445 forms a resistance zone.
From an operational standpoint, the price is currently in the middle area between support and resistance. Without sufficient entry signals, it is better to patiently wait for the price to approach these two key levels before making decisions. The sharp increase in volume often signals the start of a trend, so it is recommended to keep a close eye on ARC's upcoming price movements and volume trends, especially whether it can effectively break through resistance or find support at the support level.
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.
17 Likes
Reward
17
7
Repost
Share
Comment
0/400
Degentleman
· 23h ago
The trading volume is so explosive, it feels like something is about to move.
View OriginalReply0
GasFeeNightmare
· 01-22 23:35
Trading volume surges by 40%? Only during late-night watch sessions can you catch such signals. Now it's time to consider whether the gas fee is worth it to enter... Support at 0.07751, resistance at 0.08437, the range is just over 3%, and I don't even dare to move.
View OriginalReply0
ChainDoctor
· 01-21 15:51
The signal of soaring trading volume... depends on whether it can truly break through later, otherwise it's just a false alarm.
View OriginalReply0
MoonlightGamer
· 01-21 15:50
The trading volume surged by 40%, which is quite interesting. However, I will wait and see if it can break through 0.08437 before getting in again, to avoid being crushed again.
View OriginalReply0
failed_dev_successful_ape
· 01-21 15:46
The trading volume is surging so strongly, it feels like it's about to take off.
View OriginalReply0
DeFi_Dad_Jokes
· 01-21 15:45
Trading volume surges by 40%? This is the real pump signal, not those false breakouts. Let's wait and see if ARC can break 0.08437.
View OriginalReply0
bridge_anxiety
· 01-21 15:32
The surge in trading volume... to be honest, it's a bit unsettling, just worried about it being artificially inflated.
ARC's recent trading performance is worth noting. The 30-minute candlestick volume suddenly surged by over 40%, which typically indicates a significant increase in market participation.
The current price remains stable around 0.07987 USDT, with two key reference points from a technical perspective. The support level below is at 0.07751, approximately 5.31% below the current price. The resistance level above is at 0.08437, about 3.07% above the current price. It is also important to note that the small range between 0.08437 and 0.08445 forms a resistance zone.
From an operational standpoint, the price is currently in the middle area between support and resistance. Without sufficient entry signals, it is better to patiently wait for the price to approach these two key levels before making decisions. The sharp increase in volume often signals the start of a trend, so it is recommended to keep a close eye on ARC's upcoming price movements and volume trends, especially whether it can effectively break through resistance or find support at the support level.