๐จ$ARPA still under the descending trendline
Bearish structure intact. Waiting for breakout confirmation.๐ฑ
ARPA is currently respecting a strong descending trendline and continues to print lower highs + lower lows, confirming a bearish market structure.
๐ด Key Observations:
Price is rejecting the trendline consistently
Momentum remains weak after the recent -18% drop
No confirmed breakout yet โ sellers still in control
๐ Bearish Scenario
As long as price stays below the trendline, downside continuation is likely
Next support zones to watch:
0.0155 โ 0.0150
Breakdown could open 0.0140
๐ Bullish Scenario (Only on Confirmation)
A strong close above the trendline with volume could trigger a relief move
Possible upside targets:
0.0185
0.0200 โ 0.0210
โ ๏ธ Traderโs Note
This is a wait-for-confirmation zone.
Chasing longs before a breakout = high risk.
Best trades come after structure changes, not before.
๐ง Trade smart. Protect capital. Let the market confirm.
