🟢 ARB (Arbitrum) / USDT — entry 0.3416
1. Trend: Moving sideways in the range of 0.30–0.38 after a strong decline — a base is being formed.
2. Positioning: Open Interest is moderate, a cautious response from buyers is observed.
3. Liquidation zones: Stops: 0.30–0.32 (bearish protection), and at 0.38–0.40 — a long trap.
4. On-chain & whale activity: Activity in the ecosystem is stable but without a significant influx of capital.
5. News and social media: There is a lot of talk on social media about new forks and DeFi updates on Arbitrum.
6. Fundamentals: Development of DeFi protocols, NFT, and GameFi — desirable drivers.
✅ Setup:
Entry: 0.314
Accumulation zone: 0.31–0.30
Stop: 0.29 (below VPVR base)
