$ARB ARB is trading near 0.5200, showing signs of consolidation after its recent rally to the 0.5680 high and subsequent pullback. The price is currently holding above the EMA200, reflecting an overall bullish bias despite short-term selling pressure. The key resistance lies at 0.5300, while immediate support is positioned at 0.5050.
The Stoch RSI is reading 65.91 / 71.39, suggesting bullish momentum that still has room before hitting overbought conditions. A confirmed breakout with a 1H candle close above 0.5320 (resistance + buffer) could open the door for a continuation toward 0.5400 (TP1), 0.5520 (TP2), and 0.5650 (TP3).
However, failure to clear resistance may lead to a retest of the 0.5050 support zone. The ATR indicates a potential for 1.6% swings in either direction, so quick price moves are possible once a breakout or breakdown occurs.
Signal Plan:
Entry: Above 0.5320 after 1H close confirmation with volume.Stop Loss: 0.5265Targets: TP1 0.5400, TP2 0.5520, TP3 0.5650
📌 Trade only upon breakout confirmation to avoid false signals and manage risk with strict stops.
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$ARB to follow or trade the move. This setup may reward the patient trader—if bulls step back in.
#ARB🔥🔥🔥 #SignalAlert