🔁 ARB/USDC: Strong Reversal & Trend Continuation Signal
ARB bounced from $0.2964 and surged to $0.3104, showing a powerful bullish momentum. After a brief pullback, it's stabilizing above key moving averages —
7 EMA: $0.3077
25 EMA: $0.3041
99 EMA: $0.3022
This upward structure with higher lows and bullish engulfing candles signals strength for another leg up.
📊 Trade Setup
Entry Zone: $0.3070 – $0.3090
Take Profit 1: $0.3105
Take Profit 2: $0.3150
Take Profit 3: $0.3195
Stop Loss: $0.3020