💥 Arbitrum on the brink of overheating: is it worth entering?
ARB shows impressive growth:
📈 +70% in 30 days
📈 +3.2% in a day
📌 Price: $0.4961
But let's pay attention to key signals:
🔺 RSI (6) = 92 — the market is overbought, high risk of correction
🔺 RSI (12) = 80 — a strong momentum continues
🔻 Vertical growth without pullbacks — often a precursor to a reversal
⸻
🧠 What does this mean for the trader?
✅ Those who entered earlier — excellent point for partial profit taking
⚠️ New entries — increased risk, a correction to $0.44–0.46 is likely
📌 It's better to wait for a pullback or consolidation
⸻
Arbitrum is strong fundamentally, but the technicals say “overheating”. A cool head is the best investment.
#Arbitrum #ARB #binancetrading #crupto #Altseason
$ARB
ARB shows impressive growth:
📈 +70% in 30 days
📈 +3.2% in a day
📌 Price: $0.4961
But let's pay attention to key signals:
🔺 RSI (6) = 92 — the market is overbought, high risk of correction
🔺 RSI (12) = 80 — a strong momentum continues
🔻 Vertical growth without pullbacks — often a precursor to a reversal
⸻
🧠 What does this mean for the trader?
✅ Those who entered earlier — excellent point for partial profit taking
⚠️ New entries — increased risk, a correction to $0.44–0.46 is likely
📌 It's better to wait for a pullback or consolidation
⸻
Arbitrum is strong fundamentally, but the technicals say “overheating”. A cool head is the best investment.
#Arbitrum #ARB #binancetrading #crupto #Altseason
$ARB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
3.2394
-8.82%