Hey Striver ๐
๐๐ก๐๐๐ฌ๐ฆ๐๐ฆ โ ๐๐ฅ๐/๐จ๐ฆ๐๐ง (Arbitrum โ Ethereum's Fast Layer-2 Bridge)
$ARB is starting to show signs of life after a decent correction. At its current price of around $0.43, buying interest is slowly returning. It's not a sudden surge โ but it could be the beginning of a short-term recovery.
๐ Current price: ยฑ \$0.43
๐ RSI is rising from below 40 and volume is gradually increasing โ early signal of potential reversal
๐ฏ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐ฃ๐น๐ฎ๐ป (๐๐ผ๐ป๐ด ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ)
โข Entry zone: \$0.42 โ \$0.435
โข TP1: \$0.455
โข TP2: \$0.475
โข SL: \$0.41
โ ๏ธ ๐ก๐ผ๐๐ฒ๐:
โข ARB has a major token unlock event mid-June โ expect volatility
โข Current move is still technical, no major sentiment shift yet
โข More suitable for short swing trades rather than long holds
Sometimes the best opportunities show up when the market is distracted. Stay calm, stay patient, and make sure your trailing stop is set. And if you like insights like thisโฆ well, you probably know who to stick with โ no need for reminders.
