ARXUSDT.P: short setup from support at 0.1631

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ARXUSDT.P: short setup from support at 0.1631ARX / TetherUS PERPETUAL CONTRACTBINANCE:ARXUSDT.PThe_Traders_HouseARXUSDT.P is in a downtrend and doesn't even react to Bitcoin's growth. The support level, which is the all-time low (ATL), has already been tested today, and we can now see a formed pre-breakout base. In my opinion, all that's left is to wait for an entry point according to the strategy to catch a likely good short. LEVEL PROFILE: Name: ATL Price: 0.1631 Timeframe: D1 Level validations: exact price taps (pixel-perfect) impulse halt at the levelWHAT I WANT TO SEE: trend alignment clear path beyond level price compression (squeeze) volatility contraction on approach close retestDo you see this setup differently? Let me know your thoughts in the comments. If this logic aligns with your trading plan, support the idea with a boost! Disclaimer: This publication is part of my public trading journal. The material is strictly for educational purposes, reflects my market perspective, and is not financial advice. Trading facts, not expectations.