$ARB or $OP for the next leg? Only one.

ARB is at $0.1530, down 11.15% today with $21.93M volume, and the 4h chart just got hit another 7.5%. 📉

That is ugly.

RSI is 34, price sits below the 20d and 50d MAs, and shorts are paying funding. Even $BNB looks like the cleaner strength trade right now.

I’m watching $0.1530 closely. Hold it and I’ll respect the bounce. Lose it and I’m staying away. ⚠️

Hold $0.1530 or lose it, which side are you on? 👀
#Arbitrum #Layer2