$ARB is currently trading at $0.5254. Spot trading refers to buying or selling an asset for immediate settlement at the current market price. When you execute a spot trade, you directly own the token, unlike derivatives or margin trading where you trade contracts. Spot trading is simpler and less risky since there’s no leverage involved, making it suitable for beginners and long-term holders.
Key Levels:
Support: Around $0.50, where buyers are likely to step in.
Resistance: Around $0.55, where selling pressure may appear.
The current price sits near a psychological support, suggesting a potential bounce if buying interest strengthens. A breakout above resistance could trigger upward momentum, while a drop below support may signal further consolidation.
Entry & Risk: Spot trades should be executed with defined entry zones, keeping a close eye on support and resistance to manage risk effectively.