$ARB is trying to build a recovery after retreating from the $0.25 area, with price now trading around $0.1581.
The $0.15–$0.16 zone is the first level buyers need to defend. Holding it and forming a higher low could give the recovery a chance to develop.
A daily reclaim of $0.175–$0.180 would put $0.195–$0.205 next, followed by $0.22–$0.25.
If buyers clear that resistance, $0.28–$0.30 and eventually the $0.34–$0.36 highs come back into focus.
However, losing $0.15 could expose $0.135–$0.140 and potentially $0.12.
ARB is still fighting for a bottom. Can buyers reclaim the key levels and bring the recovery back to life?
#Binance98PercentReplenished
The $0.15–$0.16 zone is the first level buyers need to defend. Holding it and forming a higher low could give the recovery a chance to develop.
A daily reclaim of $0.175–$0.180 would put $0.195–$0.205 next, followed by $0.22–$0.25.
If buyers clear that resistance, $0.28–$0.30 and eventually the $0.34–$0.36 highs come back into focus.
However, losing $0.15 could expose $0.135–$0.140 and potentially $0.12.
ARB is still fighting for a bottom. Can buyers reclaim the key levels and bring the recovery back to life?
#Binance98PercentReplenished
