$ARB The 1-hour RSI has surged to 81.5, straight into overbought territory. The current price is 0.1346, down 1.3% in 24 hours, and it looks like it may be struggling to hold up. Still, this market action is pretty interesting, given that the Layer-2 sector has been getting a lot of attention lately. Do you think this overbought signal is a sign of a short-term pullback, or does it signal further gains?
$ARB On the 1-hour chart, the price is trading below a descending trendline (touched 2 times so far, currently near 0.139107), with resistance at 0.141927 above (touched 4 times). The line is a visual reference, not a prediction.
$ARB On the 1-hour chart, the price is trading below a descending trendline (touched 2 times so far, currently near 0.139107), with resistance at 0.141927 above (touched 4 times). The line is a visual reference, not a prediction.
