【$ARUSDT】Watch the order book closely, track any unusual movements


$ARUSDT Asian early session fund transfer period, price has surged to the upper Bollinger Band, but the 4-hour MACD histogram expansion contradicts the 1-hour histogram contraction, with the order book experiencing massive order cancellations and bid depth significantly weaker than ask depth. RSI approaching 70, with bullish momentum still present but showing signs of fatigue. Price repeatedly testing around 1.898, with extremely thick order walls in the 1.90-1.91 zone above, making direct breakout difficult. The 4:1 risk-reward ratio setting appears overly optimistic at current highs, more likely scenario is a pullback to confirm support first.
Direction: Flat
Do not chase highs around current 1.897, wait patiently. If price pulls back to the 1.821-1.775 zone and shows stabilization signals, then consider long positions, with stop loss below 1.766. First target at 2.040, second target at 2.150.
Trade Management: If entering a position, consider moving to break-even once price bounces above 1.90, then trade the remaining space with zero risk.
View live chart 👇 $ARUSDT
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