🔻 $ARB 1H WAITING SHORT – the 0.148-0.151 floor is cracking

📉 Trend: 0.1492 is below 1H EMA50 0.1592 / EMA200 0.1643 and the 4H EMA50 0.164. ARB is down about 6% in 24h. The 0.148-0.151 floor (Oct 30, Nov 3, Nov 5 lows) is being tested for the fourth time, and a floor that keeps getting hit tends to give way.
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🎯 Plan (only after publication):
A 1H close below 0.1478, then a retest of 0.1478-0.1490. Sell limit 0.1485.
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🛑 Stop: 0.1530 (0.1523 swing high + 0.3×ATR 0.0023)
✅ TP1: 0.1400 (Sep 10-12 closing base) ~1.7R
✅ TP2: 0.1374 (Sep 11 low) ~2.25R
(R net of 0.1% fee per side)
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🧠 Why: trend-following. Price sits under every key average, and a broken multi-touch floor often becomes resistance on the retest.
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⚠️ Cancel if a 1H close is above 0.1530 before activation, or 0.1400 prints before entry. Expires in 24h. Risk 1%: size = 1% of equity ÷ (0.1530 − 0.1485). Confidence: medium. A strong bounce off the floor would void the idea.
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Not financial advice. DYOR.
#ARB #Arbitrum #TechnicalAnalysis #Binance