⚠️ $ARB ON THE VERGE OF A BREAKTHROUGH — DAO VOTING AND TOKEN UNLOCK IN ONE DAY!
Today an important DAO vote on a ban on grants is closing, and in parallel an unlocking of ~139 million $ARB (1.4% of the total supply) is taking place! Right now the price is $0.24, and the RSI(6) indicator has already confidently crossed 82 — the market is in a state of pronounced overheating. The daily volume has reached 244.5M ARB, and the price is tightly approaching the upper BOLL ($0.2477). When a major unlock and the community’s decision coincide with technical overheating, the market rarely stays calm.
Setup:
Entry: $0.21 – $0.22
TP: $0.25 / $0.28 / $0.31
SL: $0.205
#ARB #Arbitrum #crypto #BinanceSquare
Today an important DAO vote on a ban on grants is closing, and in parallel an unlocking of ~139 million $ARB (1.4% of the total supply) is taking place! Right now the price is $0.24, and the RSI(6) indicator has already confidently crossed 82 — the market is in a state of pronounced overheating. The daily volume has reached 244.5M ARB, and the price is tightly approaching the upper BOLL ($0.2477). When a major unlock and the community’s decision coincide with technical overheating, the market rarely stays calm.
Setup:
Entry: $0.21 – $0.22
TP: $0.25 / $0.28 / $0.31
SL: $0.205
#ARB #Arbitrum #crypto #BinanceSquare
