🔻 ARB just broke its entire 4H structure — this correction might have legs
📉 Price is now below BOTH the 7 and 25-period MAs on the 4H chart. That's a bearish structure shift. The daily still looks bullish with price above the 25 DMA at $0.115, but corrections start exactly like this — higher timeframe weakness creeping into lower timeframes.
4H RSI at 41.7 with expanding negative MACD momentum. The concerning part? Volume is fading (vol ratio 0.64) — buyers have completely stepped aside.
📊 The Trade:
→ Short zone: $0.1464 - $0.1537
→ Stop loss: $0.1646
→ Targets: $0.1420 | $0.1376 | $0.1317
Is ARB just correcting within its uptrend or is this the start of a deeper retrace? 👇
#ARB #Arbitrum #DYOR
⚠️ Not financial advice. Always manage risk and DYOR.
📉 Price is now below BOTH the 7 and 25-period MAs on the 4H chart. That's a bearish structure shift. The daily still looks bullish with price above the 25 DMA at $0.115, but corrections start exactly like this — higher timeframe weakness creeping into lower timeframes.
4H RSI at 41.7 with expanding negative MACD momentum. The concerning part? Volume is fading (vol ratio 0.64) — buyers have completely stepped aside.
📊 The Trade:
→ Short zone: $0.1464 - $0.1537
→ Stop loss: $0.1646
→ Targets: $0.1420 | $0.1376 | $0.1317
Is ARB just correcting within its uptrend or is this the start of a deeper retrace? 👇
#ARB #Arbitrum #DYOR
⚠️ Not financial advice. Always manage risk and DYOR.