$ARB: Distribution Phase Ends: Downside Target Zone Set
SHORT SETUP ARB
Entry: $0.20440 - $0.20460
Stop Loss: $0.21170
Take Profit: $0.19010 (2R)
Key Levels: Support $0.20360 | Resistance $0.20510
Technical Analysis for $ARB: Price sits near the 1H/4H support at 0.2036 while the EMA200 is above the price, indicating a downtrend. The MACD histogram is positive but the line is negative, and Stochastic D is above K, hinting at a pullback. A short entry around 0.2045 targets the 2R level at 0.1901, with the SL set 3.5% above at 0.2117.
SHORT $ARB
SHORT SETUP ARB
Entry: $0.20440 - $0.20460
Stop Loss: $0.21170
Take Profit: $0.19010 (2R)
Key Levels: Support $0.20360 | Resistance $0.20510
Technical Analysis for $ARB: Price sits near the 1H/4H support at 0.2036 while the EMA200 is above the price, indicating a downtrend. The MACD histogram is positive but the line is negative, and Stochastic D is above K, hinting at a pullback. A short entry around 0.2045 targets the 2R level at 0.1901, with the SL set 3.5% above at 0.2117.
SHORT $ARB
