$ARB Current Price is $0.1136 and it is
up 32% today, big impulsive move from 0.0849 up to 0.1202, then it's basically been chopping in a range since.
dipped hard once down toward 0.106, got bought back up fast, and now it's leaning on the top of that same range again.
what stands out is this push is coming with more volume than the last few attempts inside the range, that dead middle stretch had barely any activity and now it's picking back up right as price presses the ceiling. feels less like another fake poke and more like it's actually trying to leave this range behind.
$ARB
Entry: 0.1120 – 0.1145
TP: 0.1180 / 0.1202
SL: 0.1055
still with this above 0.1064, that's the range low and exactly where that sharp dip got bought before. if it loses that with real pressure, i'd call the range broken the other way and step way back instead of holding on
up 32% today, big impulsive move from 0.0849 up to 0.1202, then it's basically been chopping in a range since.
dipped hard once down toward 0.106, got bought back up fast, and now it's leaning on the top of that same range again.
what stands out is this push is coming with more volume than the last few attempts inside the range, that dead middle stretch had barely any activity and now it's picking back up right as price presses the ceiling. feels less like another fake poke and more like it's actually trying to leave this range behind.
$ARB
Entry: 0.1120 – 0.1145
TP: 0.1180 / 0.1202
SL: 0.1055
still with this above 0.1064, that's the range low and exactly where that sharp dip got bought before. if it loses that with real pressure, i'd call the range broken the other way and step way back instead of holding on
