$ARB just made a serious move. The next reaction matters more than the candle that got us here.
What stands out here is that volume is running about 3.4x its recent pace, the 1H move is +3.74%, and open interest is up 3.3%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.15185. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Do you think $ARB has another leg left, or is this move already too stretched?
#ARB #Trading
Trade plan: LONG
Entry: $0.14991
SL: $0.1316
TP1: $0.16821
TP2: $0.18651
TP3: $0.20481
What stands out here is that volume is running about 3.4x its recent pace, the 1H move is +3.74%, and open interest is up 3.3%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.15185. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Do you think $ARB has another leg left, or is this move already too stretched?
#ARB #Trading
Trade plan: LONG
Entry: $0.14991
SL: $0.1316
TP1: $0.16821
TP2: $0.18651
TP3: $0.20481
