$ARB
Trade Plan for ARB/USDT ๐
โ
Entry Zone: Buy within $0.3043 โ $0.3051, near EMA support levels (9, 21, 50) based on the current price range and chart proximity to moving averages.
โ Stop Loss: Set at $0.3020 (below EMA 50 and recent swing low observed on the 1H chart).
๐ฏ Profit Targets:
Target 1:ย $0.3069ย ๐ (Move stop to breakeven)Target 2:ย $0.3085ย ๐ฏTarget 3:ย $0.3120ย ๐
๐ย Risk/Reward Ratio:ย 3:1+ย โ (Conservative exit at 2:1 if momentum weakens).
Key Observations:
Bullish Momentum:ย Price down -0.62% in 24h, but the 1H chart shows a slight upward trend with the price near MA7 and MA25, suggesting potential for a reversal. MACD histogram not visible, but a positive turn could be inferred if volume increases.Volume:ย 24h volume (33,826,641 ARB, $10,322,789) is moderate, with 1H volume at 207,084K suggesting liquidity, though below a potential higher moving average (e.g., MA(10))โconfirm breakout strength with increased volume.RSI Neutral:ย Not directly visible, but the lack of extreme price movement (between $0.3043 and $0.3069) suggests an RSI of ~50-55 (no overbought or oversold signal yet).
๐ Strategy:
Trail stop above EMA(9) afterย Target 1.Watch for rejection atย 24h High ($0.3069)ย for early exit.
Trade wisely! ๐๐ฐ
Note: Layer 1/Layer 2 volatility is highโscale in/out to manage risk.