$ARB Breakout Surge: Riding the Momentum
$ARB has experienced a significant rebound from $0.2526, breaking through resistance with strong green candles and aiming for higher zones. The 4H chart confirms a trend reversal with increasing volume.
*Long Trade Setup:*
- *Entry Zone:* $0.3020 – $0.3070
- *TP1:* $0.3210
- *TP2:* $0.3360
- *TP3:* $0.3480
- *Stop Loss:* Below $0.2910
*Market Insight:*
- *Resistance Turned Support:* $ARB flipped resistance into support and is now riding breakout momentum.
- *Bullish Control:* Holding above $0.30 keeps bulls in control, with potential for dips to offer sniper re-entries for the next leg.
The current price of $0.3124, with a 16.13% increase, suggests that $ARB is in a strong uptrend. Traders may consider entering long positions within the specified entry zone, targeting the outlined price targets while managing risk with a stop loss. #ARB