#arbitrumunlock
arbitrumunlock
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$ARB LONG — bounced off $0.162 support twice in two days, but a big unlock looms
Entry: 0.168 - 0.173
SL: 0.160
TP1: 0.178
TP2: 0.185
TP3: 0.192
Risk: 4/10
Price got rejected off the 0.1627 low with 4h volume nearly doubling on the bounce candle, 25M versus 14M the candle before. That said, 123.53M ARB unlocks on September 16, so I'm keeping targets tight instead of chasing the old 0.206 high.
Still holding above support, or does the unlock supply break it first?
Not financial advice — DYOR
#ARB #ArbitrumUnlock #Bitcoin #Crypto #Trading
$ARB LONG — bounced off $0.162 support twice in two days, but a big unlock looms
Entry: 0.168 - 0.173
SL: 0.160
TP1: 0.178
TP2: 0.185
TP3: 0.192
Risk: 4/10
Price got rejected off the 0.1627 low with 4h volume nearly doubling on the bounce candle, 25M versus 14M the candle before. That said, 123.53M ARB unlocks on September 16, so I'm keeping targets tight instead of chasing the old 0.206 high.
Still holding above support, or does the unlock supply break it first?
Not financial advice — DYOR
#ARB #ArbitrumUnlock #Bitcoin #Crypto #Trading
Entry: 0.168 - 0.173
SL: 0.160
TP1: 0.178
TP2: 0.185
TP3: 0.192
Risk: 4/10
Price got rejected off the 0.1627 low with 4h volume nearly doubling on the bounce candle, 25M versus 14M the candle before. That said, 123.53M ARB unlocks on September 16, so I'm keeping targets tight instead of chasing the old 0.206 high.
Still holding above support, or does the unlock supply break it first?
Not financial advice — DYOR
#ARB #ArbitrumUnlock #Bitcoin #Crypto #Trading
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