Price movement $ARB
has managed to show a significant increase since the previous analysis. The current price is at the level of $ 0.9044, with the potential to continue strengthening to the area of $ 1.50 according to the target projected in the initial analysis.
Detail:
1. The price managed to break out from the support zone around $0.7348 and moved up towards the next resistance.
2. This increase shows validation of previous analysis with potential targets remaining relevant.
3. Stop Loss remains at $0.6135 to reduce risk in case of a reversal.
Next Plans:
Keep an eye on the nearest resistance zone around $1.00 as a psychological level.
If the price manages to break through this resistance, the potential for an increase to $1.50 becomes stronger.
Risk remains maintained with SL at $0.6135 to protect capital.
