#ARB

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the upward move with a breakout.

We have a support area at the lower boundary of the channel at 0.3190, acting as strong support from which the price can rebound.

We have a major support area in green that pushed the price upward at 0.3180.

Entry price: 0.3200 $ARB

First target: 0.3297 $ARB

Second target: 0.3393 $ARB

Third target: 0.3513 $ARB

To manage risk, don't forget stop loss and capital management.