$ARB — Short Setup | Resistance Rejection After a Lower-High Slide (4h)
ARB trades near $0.1711, up about 3% in 24h, after sliding from roughly $0.205 to a low of $0.1644 with lower highs on the 4h chart. The latest bounce was rejected at the $0.1737 high, and the $0.1800 area, where the last drop began, is the next resistance. A bounce into $0.1740–$0.1760 offers a cleaner short than selling the current dip.
📍 Short Entry: $0.1740–$0.1760 (limit order on bounce)
🎯 TP1: $0.1650
🎯 TP2: $0.1600
🛑 SL: Above $0.1805
Setup: Lower highs + resistance rejection. If $0.1805 breaks on a 4H close, skip the trade. A close below $0.1644 would extend the drop, so don't chase it.
Do you think $ARB loses $0.1644, or recovers toward $0.18? 👇
⚠️ Not financial advice. ARB is still up about 115% over 90 days, so reversals can be sharp. Use low leverage and strict risk management.
— ANiii Trader Analysis 📊
👇 Click to Open Trade
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