$ARB - SHORT setup
Volume expanded 1.54x on the 30m and sellers are taking 55.1% of the fills, so the selling here looks deliberate rather than drift. Price is holding below both the 34 and 89 EMA on that timeframe, and the 1H trend backs it. I'm watching 0.2 as the line that matters; if buyers can't reclaim it, I expect continuation lower. If buying activity starts absorbing these sells instead, my bearish read is wrong.
Entry: 0.1977 - 0.1983
SL: 0.2023
TP: 0.1937 - 0.19 - 0.1851
⚠️ Personal market insight, not investment advice. DYOR.
Volume expanded 1.54x on the 30m and sellers are taking 55.1% of the fills, so the selling here looks deliberate rather than drift. Price is holding below both the 34 and 89 EMA on that timeframe, and the 1H trend backs it. I'm watching 0.2 as the line that matters; if buyers can't reclaim it, I expect continuation lower. If buying activity starts absorbing these sells instead, my bearish read is wrong.
Entry: 0.1977 - 0.1983
SL: 0.2023
TP: 0.1937 - 0.19 - 0.1851
⚠️ Personal market insight, not investment advice. DYOR.
