🔻 $ARB /USDT – Reversal in Play After Bull Trap! ⚠️
$ARB recently faked out above $0.440 but quickly got slammed down with heavy rejection near the $0.443 resistance. Price is now slipping with lower highs forming and fading bullish momentum. Current price: $0.4286
📉 Short Trade Setup:
• Entry Zone: $0.426 – $0.430
• Target 1 (TP1): $0.415
• Target 2 (TP2): $0.406
• Stop Loss (SL): $0.445
🔍 Technical Snapshot:
Rejection candles on the 30-min chart + declining volume = bearish signal. Market structure now favoring a move lower if it stays under $0.440.
📌 Pro Tip:
Best entries are on minor bounces into the $0.435+ area. Watch for a failed retest of $0.440 for added confirmation. Stay tight with your stop!
📢 Follow @bullishbanteer for more sharp trade setups and updates!