📉 $ARB /USDT – Pullback or Trap? Watch This Level Closely! ⚠️
🪙 Coin: Arbitrum ($ARB )
⏰ Timeframe: 4H
💰 Current Price: $0.3230
📉 24h Drop: -10.30%
📊 Volume: Still high – 1.39B ARB traded
💥 24h High: $0.3763
🧊 24h Low: $0.3216
🔍 Technical Overview:
🟢 Massive surge to $0.3900 – but sharp rejection followed
📉 Now correcting down to key moving averages
🟡 MA(25) = $0.3239 (almost at price)
🔵 MA(99) = $0.3087 – strong support zone
🧱 If price holds above $0.3200–$0.3080 → bounce likely
📊 Volume fading slightly after peak — sign of profit booking
🔔 Signal Insight:
🔄 Pullback trade: Possible entry near $0.3200–$0.3100
🚀 Target Zones:
TP1: $0.3400
TP2: $0.3550
TP3: $0.3720
🛡 SL: Below $0.3060 (MA99 & structure support)
🧠 Strategy Suggestion:
✅ Wait for a bullish candle near support
✅ Use small leverage (2x–5x max) due to volatility
⚠️ Avoid long entry if candle closes below MA99 with volume
📌 Conclusion:
ARB saw a breakout pump to $0.39 and is now retracing. If support holds near $0.3080–$0.3200, expect a strong rebound. A solid setup for bounce scalpers and range traders! 🔁📈