GOOD MORNING TRADERS — ARB (Arbitrum) Quick Market Breakdown
Arbitrum (ARB) is trading at $0.2053, showing a -6% drop in the last 24 hours, and the market is clearly reacting to the recent volatility. Let’s break it down 👇
4H Chart Signals
Price dropped sharply from $0.2305 → $0.205, sweeping liquidity.
MA7 crossed below MA25, indicating short-term bearish momentum.
RSI is sitting near 31, approaching oversold territory → buyers can step in anytime.
MACD is showing a fresh bearish crossover, but momentum is slowing down.
➡️ Conclusion: Bears pushed aggressively, but the zone around $0.203 – $0.205 is showing strong buying interest.
Market Cap Trend (24h)
Market cap fell from ~$1.24B → $1.14B.
This is a clear correction, not a crash.
Volume hasn't disappeared → meaning traders are active and watching the levels closely.
➡️ Conclusion: Market is cooling down before next decision move.
Order Book Snapshot
Bids stronger at lower levels (56% buy side).
Thick buy walls between $0.2030 – $0.2050
Sellers are active, but buyers are absorbing dips consistently.
➡️ Conclusion: Market makers are defending the zone → possible short-term bounce.
Key Levels to Watch Today
Support: $0.2030
Immediate Resistance: $0.2120
Major Breakout Resistance: $0.2180
If ARB breaks $0.212, expect momentum to flip bullish again.
My Market Outlook (Short-Term)
ARB is bearish in the short term, but the price is now entering a strong demand zone, where reversals typically start. If buy pressure continues at these levels, we may see a slow recovery toward $0.212 – $0.218.
Note:
Volatility is high today. Watch the levels closely instead of chasing moves. ARB is ideal for quick intraday scalps, not for long holding today.
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