$ARB

Trade Plan for ARB/USDT 📈

✅ Entry Zone: Buy within $0.4580 – $0.4590, near the recent support level and just below the 7-period MA (0.4611).

⛔ Stop Loss: Set at $0.4560 (below the recent swing low of 0.4570 and psychological support).

🎯 Profit Targets:

Target 1: $0.4613 📍 (Move stop to breakeven—aligns with resistance from the order book)
Target 2: $0.4624 🎯 (Matches the 25-period MA)
Target 3: $0.4669 🚀 (Recent 24h high)

📊 Risk/Reward Ratio: 2.5:1+ ⚖ (Conservative exit at 1.5:1 if momentum stalls near 0.4613).

Key Observations:

Bearish Short-Term Momentum: Price is down -6.04% in the last 24 hours, trading below the 7-period (0.4611) and 25-period (0.4624) MAs, indicating short-term selling pressure.
Volume: Recent volume spike during the drop (visible on the chart) suggests selling, but current volume is lower, hinting at potential stabilization. Confirm breakout with volume above 130M ARB.
RSI Estimate: RSI isn't directly shown, but given the recent downtrend and price stabilization, it’s likely near 40–45 (neutral to oversold). A move above 50 would confirm bullish momentum.
Order Book Pressure: Sell orders at 0.4613 (18.72K ARB) indicate resistance, while buy orders at 0.4599 (5.88K ARB) suggest near-term support.

🔄 Strategy:

Enter on a 15-minute candle close above 0.4590 with increasing volume to confirm buyer interest.
Trail stop below the 7-period MA (0.4611) after Target 1.
Watch for rejection at 0.4613 resistance or the 24h high (0.4669) for early exit if momentum weakens.

Trade wisely! 🚀💰

Note: Crypto markets are volatile—scale in/out and monitor broader market sentiment to manage risk.