$ARB has decreased by 8.947% in the last 24 hours, indicating potential bearish momentum.
Currently, the price is nearing the lower Bollinger Band at 0.2608, which suggests potential oversold conditions.
Key support is at 0.2559 and resistance at 0.2818.
With contraction in Bollinger Bands, volatility may increase soon, implying a possible breakout.
Consider placing a stop-loss just below 0.2559 to manage risk.
Recommended action: wait for confirmation of a rebound around support or a breakout above resistance before making a move.
