📊 ARB/USDT – Daily Structure Overview
Current Price: ~$0.42
Resistance Zone: ~$0.65 (last major rejection)
Support Levels:
$0.38 (short-term)
$0.30 - $0.24 (strong historical demand zone)
📉 Trend: Bearish recovery with lower highs; currently facing rejection after a recent rally.
📈 Volume Spike: Increased volume in mid-July suggests buying interest, but follow-through has weakened.
🛑 Key Risk: Break below $0.38 may lead to retest of $0.30 or even $0.24
🚀 Bullish Trigger: A daily close above $0.48 could resume upside toward $0.65+