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Most people are looking at the big caps while $ARC is doing this.
The price action here is actually very interesting. It’s been slowly grinding up for the last month, making higher lows and finally breaking out of that 0.045 consolidation zone. We just hit 0.068 and the momentum looks steady, not like those fake pumps that dump in an hour.
Volume is picking up naturally which is exactly what you want to see for a sustainable move. We have a bit of local resistance around 0.072. If we clear that, the chart looks wide open until the 0.090 level.
I like how it’s respecting the trend line. As long as we stay above 0.060, the bullish structure is still very much alive.
I’m watching for a small retest of the breakout area to potentially add more. It’s a slow burner, but those are usually the ones that pay out the best without the heart attacks. Stay patient and watch the closet.
#GateSquareAprilPostingChallenge