$ARB /USDT – Support Retest or Breakdown Brewing? Volatility Picks Up
$ARB is trading at $0.3788, down 7.41% in the last 24 hours. Price has pierced below the middle Bollinger Band and is approaching the lower band, showing rising bearish momentum.
📊 Market Overview
• Current Price: $0.3788
• 24h High: $0.4127
• 24h Low: $0.3706
• 24h Volume:
• ARB: 59.68M
• USDT: $23.09M
Bollinger Bands (20, 2):
• Upper Band: 0.3947
• Middle Band: 0.3810
• Lower Band: 0.3673
MACD:
• DIF: -0.0064
• DEA: -0.0073
• Histogram: +0.0009 (slight bullish divergence)
📈 Bullish Setup
If ARB bounces off lower Bollinger Band:
• Entry: 0.3780 – 0.3810
• Target 1: 0.3940
• Target 2: 0.4050
• Stop-Loss: 0.3690
📉 Bearish Setup
Breakdown below support at $0.370 could accelerate downside:
• Entry: 0.3690
• Target 1: 0.3550
• Target 2: 0.3420
• Stop-Loss: 0.3815
Technical Insight:
ARB has dropped sharply but is showing early MACD histogram recovery, which may hint at an upcoming rebound. However, overall trend remains under pressure. Key level to watch is $0.3706—loss of this support could lead to cascading sell pressure.
Trader’s Tip:
Be cautious near the current zone. Look for volume spike or reversal candles before entering. Avoid chasing—confirm strength or breakdown.
