๐ $ARB BREAKS OUT WITH MASSIVE VOLUME
ARB has finally broken above a resistance area that had been holding price down, and the move is being backed by a sharp increase in volume.
Momentum is clearly bullish, but thereโs one thing to watch:
โ ๏ธ Daily RSI is already around 84.
The breakout is strong, but ARB is becoming increasingly extended after such a fast move.
๐ Can ARB keep pushing higher, or do we see a retest first?
#ARB #Arbitrum
ARB has finally broken above a resistance area that had been holding price down, and the move is being backed by a sharp increase in volume.
Momentum is clearly bullish, but thereโs one thing to watch:
โ ๏ธ Daily RSI is already around 84.
The breakout is strong, but ARB is becoming increasingly extended after such a fast move.
๐ Can ARB keep pushing higher, or do we see a retest first?
#ARB #Arbitrum
