🔥 $ARB +21% per day on unlock: how is that possible? 👀
Today everyone was waiting for a dump through the unlocking of 93 million tokens, and the market returned a short squeeze. $ARB surged to $0.1642 on volumes over $66M, punishing those who opened shorts too early.
Technically, we confidently popped above the Bollinger midline ($0.1365). RSI(6) is already edging up to 69 (overbought zones), but the momentum is very strong. The key reference point for buyers right now is the retest zone of $0.136–$0.140, and the next target if the move continues is $0.194.
#ARB #Arbitrum #crypto #trading #BinanceSquare
Today everyone was waiting for a dump through the unlocking of 93 million tokens, and the market returned a short squeeze. $ARB surged to $0.1642 on volumes over $66M, punishing those who opened shorts too early.
Technically, we confidently popped above the Bollinger midline ($0.1365). RSI(6) is already edging up to 69 (overbought zones), but the momentum is very strong. The key reference point for buyers right now is the retest zone of $0.136–$0.140, and the next target if the move continues is $0.194.
#ARB #Arbitrum #crypto #trading #BinanceSquare
