$ARB USDT – STRONG REJECTION FROM $0.4968! BEARS STEP IN SHARPLY
🔻 LONG WICK REJECTION AT KEY RESISTANCE
🔻 LARGE RED CANDLE ENGULFS PREVIOUS GAINS
$ARB attempted to push toward $0.50 but was aggressively rejected at $0.4968. The 1H chart now shows a sharp bearish engulfing candle wiping out multiple green candles, indicating strong sell pressure and loss of momentum.
Trade Setup:
Short Entry: $0.4715
TP1: $0.4620
TP2: $0.4550
SL: $0.4805
If ARB fails to hold $0.462 support, the next leg lower could quickly unfold. Watch for volume confirmation and avoid chasing longs for now.
#ARBUSDT #BearishSignal #CryptoTrading #BinanceFutures #ChartAnalysis