$ARB Price is currently trading around 0.1650. Following a explosive vertical rally from local support levels up toward peak resistance near ~0.208, price has experienced a sharp sharp rejection and initiated an initial leg down. The technical projection outlines a brief relief retest upward into overhead supply to absorb liquidity before launching a secondary, major corrective wave toward lower demand blocks.
Market Structure & Dynamics: After making a sharp parabolic top near ~0.208, price broke local support structures to print a strong lower low around ~0.160. The technical roadmap anticipates a relief pullback into the 0.1744 - 0.1830 overhead supply block, setting up a clear lower-high structure before initiating a broader corrective decline.
Resistance & Short Entry Zone:
Primary Entry: 0.1744 - 0.1830
Key Invalidation (SL): A clean breakout and candle close above 0.201 (SL > 0.201) invalidates this Short setup, indicating a potential retest or continuation of macro high structures.
๐ Trading Plan (Short Setup):
Short Entry Zone: 0.1744 - 0.1830
Stop Loss (SL): > 0.201
๐ฏ Take Profit Targets:
TP1: 0.131 - 0.139
TP2: 0.101 - 0.112
Click here to view the chart ๐๏ธ๐๐
Market Structure & Dynamics: After making a sharp parabolic top near ~0.208, price broke local support structures to print a strong lower low around ~0.160. The technical roadmap anticipates a relief pullback into the 0.1744 - 0.1830 overhead supply block, setting up a clear lower-high structure before initiating a broader corrective decline.
Resistance & Short Entry Zone:
Primary Entry: 0.1744 - 0.1830
Key Invalidation (SL): A clean breakout and candle close above 0.201 (SL > 0.201) invalidates this Short setup, indicating a potential retest or continuation of macro high structures.
๐ Trading Plan (Short Setup):
Short Entry Zone: 0.1744 - 0.1830
Stop Loss (SL): > 0.201
๐ฏ Take Profit Targets:
TP1: 0.131 - 0.139
TP2: 0.101 - 0.112
Click here to view the chart ๐๏ธ๐๐
