$ARB is up about 5.7% on the day after bouncing from the 0.155 area, now sitting just under the 4h POC at 0.168. Still a grind rather than a clean breakout.
On the NanoTrading Fire chart (4h) price is printing around 0.166 with value area roughly 0.151 to 0.193. POC at 0.16792 is the level that matters — right-side profile shows roughly $54M stacked near 0.168 and about $29M near 0.160-0.162. Ask walls thicken into 0.175-0.185 and again toward 0.19-0.20. Floor support remains dense around 0.15-0.155.
Binance perps: OI around 251M ARB (~$42M notional), funding a mild +0.01%, and accounts crowded long at about 59/41 (LS 1.45). Top traders even more long-biased. Bounce with longs piled in while funding is still cheap — either continuation through POC or a fade if 0.160 gives out.
My read: reclaim and hold above 0.168 POC and $ARB can probe 0.175-0.18. Lose 0.160 and we're back testing that 0.155 buy wall / VAL zone. Not forcing size until POC decides.
Anyone fading this bounce under POC, or waiting for a clean 0.168 hold?
NFA, just reading the heatmaps.
Source: NanoTrading Fire chart (nanotradingclub.xyz)
#ARB #CryptoTrading #NanoTrading
On the NanoTrading Fire chart (4h) price is printing around 0.166 with value area roughly 0.151 to 0.193. POC at 0.16792 is the level that matters — right-side profile shows roughly $54M stacked near 0.168 and about $29M near 0.160-0.162. Ask walls thicken into 0.175-0.185 and again toward 0.19-0.20. Floor support remains dense around 0.15-0.155.
Binance perps: OI around 251M ARB (~$42M notional), funding a mild +0.01%, and accounts crowded long at about 59/41 (LS 1.45). Top traders even more long-biased. Bounce with longs piled in while funding is still cheap — either continuation through POC or a fade if 0.160 gives out.
My read: reclaim and hold above 0.168 POC and $ARB can probe 0.175-0.18. Lose 0.160 and we're back testing that 0.155 buy wall / VAL zone. Not forcing size until POC decides.
Anyone fading this bounce under POC, or waiting for a clean 0.168 hold?
NFA, just reading the heatmaps.
Source: NanoTrading Fire chart (nanotradingclub.xyz)
#ARB #CryptoTrading #NanoTrading
