๐จ $ARB SETUP TRADE๐จ
๐Fundamentals
๐ARB have many whales accumulating
๐ ARB is governance token, soon it can be releasing chain with arb as a gas fee (very possible)
๐ ARB is the highest TVL on layer2
๐ ARB is developed on bear market, and not yet reach its full potential
๐ this is the best time to accumulate ARB
๐ฅTechnical
โ๏ธ $ARB have a very strong resistance in 1.27 area, from all time high around 1.8
โ๏ธ #arbitrum have a strong support in area 0.91.
โ๏ธ $ARB is creating sideway chart, with middle line support and resistence in 1.05, this is very good area to have some
โ๏ธ try to create limit spot order in 0.92, since it will not touch the exact support area, buy higher instead of get nothing.
