ARB at $0.5579: Technical bounce or bear trap?

@Arbitrum Foundation | #ARB #Write2Earn #EthereumScaling

📊 Real-Time Technical Breakdown

- Price: $0.5579

- RSI (4H): 54 → Neutral zone, no overbought pressure

- MACD (4H): Bullish crossover forming → momentum shift

- Volume: Increasing on green candles → signs of accumulation

- Fibonacci levels:

- Bounce from 0.5 ($0.54)

- Resistance at 0.618 ($0.58)

- Strong support at 0.382 ($0.52)

🎯 Entry Zones

| Strategy | Entry Zone | Target Price |

|--------------|----------------|--------------|

| Scalp | $0.54–$0.55 | $0.58

| Swing | $0.52–$0.53 | $0.62

| Breakout | $0.59+ | $0.65+

🔥 ARB is sitting at $0.5579.

No hype. Just quiet accumulation.

RSI neutral. MACD turning. Volume rising.

If you wait for $0.65 to buy, don’t ask me for entry zones.”