🐋 $ARB has broken below a new 24-hour low, and selling pressure hasn't let up.
Current price: 0.1822, below the previous low of 0.1835. 24-hour trading volume: $19.31 million.
There are often many long-position stop-losses clustered below the previous low, so breaking below it can trigger a cascade of stop-losses. Watch for signs of major buyers stepping in at lower levels.
#ARB
Current price: 0.1822, below the previous low of 0.1835. 24-hour trading volume: $19.31 million.
There are often many long-position stop-losses clustered below the previous low, so breaking below it can trigger a cascade of stop-losses. Watch for signs of major buyers stepping in at lower levels.
#ARB