$ARB /USDT short trade signal 🛑 🚦
BEARISH BREAKDOWN AHEAD!!!"
Immediate Market Explanation: ARB/USDT is currently showing signs of weakness, trading at $0.3036, with a -2.54% drop in the last 24 hours. The price is hovering just above key support at $0.3031. A break below this level could trigger further selling, with the next target at $0.2960. The recent high volume of 69.27M ARB indicates that the bearish pressure could continue in the short term.
Trade Setup:
Entry Price: $0.3030 (short entry near current market price)
Take Profit (TP): $0.2960, $0.2920
Stop Loss (SL): $0.3100
Market Outlook: If the price breaks below $0.3031, further downside movement is likely, with support at $0.2960 as the next target. A quick retracement could also occur, but overall, the bearish trend remains dominant as long as resistance holds at $0.3100.
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$ARB