$ARB continues to be adjusted before the unlock
-4.32% for the day, another day of pullback after the $0.2066 peak. RSI has cooled to 66—calmer now than the extreme readings from the weekly past 👀
Price is still holding well above the breakout zone $0.0722–0.0822, so structurally the trend hasn’t been broken yet.
Right now, it’s better to watch rather than act. The token unlock is coming on September 16 (139 million $ARB ), and historically such events more often push the price down rather than up. Entering now, when the market is already correcting ahead of a known risk, doesn’t seem justified to me—better to wait and see how the market reacts to the unlock itself, and then evaluate the situation.
#ARB #Arbitrum #crypto #Binance
-4.32% for the day, another day of pullback after the $0.2066 peak. RSI has cooled to 66—calmer now than the extreme readings from the weekly past 👀
Price is still holding well above the breakout zone $0.0722–0.0822, so structurally the trend hasn’t been broken yet.
Right now, it’s better to watch rather than act. The token unlock is coming on September 16 (139 million $ARB ), and historically such events more often push the price down rather than up. Entering now, when the market is already correcting ahead of a known risk, doesn’t seem justified to me—better to wait and see how the market reacts to the unlock itself, and then evaluate the situation.
#ARB #Arbitrum #crypto #Binance
