Don’t rush into a Long on $ARB now 👇👀
The coin has reached an important resistance zone at 0.2.
But that’s not the important thing.
What matters is that yesterday we saw a huge buildup of Long positions.
Funding rates are still positive, and open interest has started to fall as the market declines.
🔴 A drop toward these levels is expected: 0.193/0.1916/0.188
The coin has reached an important resistance zone at 0.2.
But that’s not the important thing.
What matters is that yesterday we saw a huge buildup of Long positions.
Funding rates are still positive, and open interest has started to fall as the market declines.
🔴 A drop toward these levels is expected: 0.193/0.1916/0.188