$ARB is currently showing strength after reclaiming the 0.11526–0.11614 zone, where a 75x isolated long position has been initiated. This setup is based on a bullish continuation idea, as price holds above a previously important level that is now acting as support. The trade plan targets 0.11832, 0.11920, and 0.12095, while the stop loss is placed at 0.11307 to invalidate the bullish structure if price drops back below support.
The reasoning behind this setup is supported by a still-intact 4H bullish structure, with price maintaining its range on the daily timeframe. On the lower timeframe, RSI around 46 suggests there is still room for upward movement, while volume data indicates ongoing participation and interest, supporting the idea of continuation if momentum holds.
Overall, this is a reclaim-based long setup where holding above the support zone is key for further upside expansion.
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