$ARB Relief Bounce or Trend Reversal?
ARB is attempting to recover after sweeping the $0.17657 low.
The short-term momentum is improving, but the broader trend remains bearish, with price still below the 25 and 99 EMAs.
đ Long Entry: $0.18131 â $0.18252
đŻ Target 1: $0.19055
đŻ Target 2: $0.19750
â Invalidation: $0.17585
Key level to watch: $0.183. Bulls need to reclaim resistance to strengthen the recovery setup.
Also keeping an eye on $ETH
and $BTW
ARB is attempting to recover after sweeping the $0.17657 low.
The short-term momentum is improving, but the broader trend remains bearish, with price still below the 25 and 99 EMAs.
đ Long Entry: $0.18131 â $0.18252
đŻ Target 1: $0.19055
đŻ Target 2: $0.19750
â Invalidation: $0.17585
Key level to watch: $0.183. Bulls need to reclaim resistance to strengthen the recovery setup.
Also keeping an eye on $ETH
and $BTW