$ARB just made a serious move. The next reaction matters more than the candle that got us here.
What stands out here is that the 1H move is -6.18%, open interest is down 4.8%, and the last 15m is -3.50%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.20683. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Do you think $ARB has another leg left, or is this move already too stretched?
#ARB #Trading
Trade plan: LONG
Entry: $0.21396
SL: $0.08253
TP1: $0.34538
TP2: $0.47681
TP3: $0.60823
What stands out here is that the 1H move is -6.18%, open interest is down 4.8%, and the last 15m is -3.50%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.20683. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Do you think $ARB has another leg left, or is this move already too stretched?
#ARB #Trading
Trade plan: LONG
Entry: $0.21396
SL: $0.08253
TP1: $0.34538
TP2: $0.47681
TP3: $0.60823
