$ARB is trying to bottom after a rough week 🔵
Arbitrum is -11% on the week, but it has now double-bottomed at 0.163-0.165 and the latest 4H candle is pushing into the 0.171-0.175 lid. That zone is where the lower highs and EMA50 meet.
🟢 Double bottom: 0.163-0.165
🔴 Lid: 0.171-0.175
🎯 Target if it breaks: 0.1864
A 4H close above 0.175 confirms the double bottom. Lose 0.163 and the next leg down is open.
👉 Tap $ARB
for the live chart. NFA
Are L2s undervalued here? 👇
#ARBİTRUM #Altcoins #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Arbitrum is -11% on the week, but it has now double-bottomed at 0.163-0.165 and the latest 4H candle is pushing into the 0.171-0.175 lid. That zone is where the lower highs and EMA50 meet.
🟢 Double bottom: 0.163-0.165
🔴 Lid: 0.171-0.175
🎯 Target if it breaks: 0.1864
A 4H close above 0.175 confirms the double bottom. Lose 0.163 and the next leg down is open.
👉 Tap $ARB
for the live chart. NFA
Are L2s undervalued here? 👇
#ARBİTRUM #Altcoins #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
