$ARB is starting to look interesting 👀
ARB is up around 7% in the last 24 hours and is currently trading near $0.199. Price is moving back toward the $0.20 resistance zone, which is the level I’m watching closely.
If bulls can break above $0.20–$0.21 and hold it, we could see a move toward $0.22, with $0.25 as the next bigger target.
On the downside, $0.19 is an important area to hold. Losing that level could bring another pullback.
The RSI is sitting around 54, which shows some improvement in momentum. The MACD is still on the weaker side, so I’d like to see more confirmation before getting too bullish.
For now, I’m watching how price reacts around $0.20. A clean breakout could be a good sign, but if ARB gets rejected here, patience might be the better move.
ARB is up around 7% in the last 24 hours and is currently trading near $0.199. Price is moving back toward the $0.20 resistance zone, which is the level I’m watching closely.
If bulls can break above $0.20–$0.21 and hold it, we could see a move toward $0.22, with $0.25 as the next bigger target.
On the downside, $0.19 is an important area to hold. Losing that level could bring another pullback.
The RSI is sitting around 54, which shows some improvement in momentum. The MACD is still on the weaker side, so I’d like to see more confirmation before getting too bullish.
For now, I’m watching how price reacts around $0.20. A clean breakout could be a good sign, but if ARB gets rejected here, patience might be the better move.