A $ARB 24-hour high has been set.
24h: +9.5%; current price: 0.1833, previous high: 0.1816.
Structurally, a new high means there are fewer holders trapped above, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, beware of a bull trap. Which signal would you pay more attention to?
Just sharing my thoughts—make your own trading decisions.
24h: +9.5%; current price: 0.1833, previous high: 0.1816.
Structurally, a new high means there are fewer holders trapped above, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, beware of a bull trap. Which signal would you pay more attention to?
Just sharing my thoughts—make your own trading decisions.