$ARB
It rose 11%… and the strange part is that the climb itself started to run out of fuel.
On the Daily, it reached 0.2555, while trading volume fell to 115.8M from 161.6M in the previous session.
On the 4H, strong volume appeared with the breakout, but the price closed away from the high after rejecting 0.2555.
So the strength showed up… then the real test began.
The 0.236–0.241 zone is the base of the recent move.
ARB holding above it opens the way for a retest of 0.2555.
As for a break below 0.228, that would shatter the whole idea of the uptrend from the ground up.
$ARB
It rose 11%… and the strange part is that the climb itself started to run out of fuel.
On the Daily, it reached 0.2555, while trading volume fell to 115.8M from 161.6M in the previous session.
On the 4H, strong volume appeared with the breakout, but the price closed away from the high after rejecting 0.2555.
So the strength showed up… then the real test began.
The 0.236–0.241 zone is the base of the recent move.
ARB holding above it opens the way for a retest of 0.2555.
As for a break below 0.228, that would shatter the whole idea of the uptrend from the ground up.
$ARB