🩸 Is it time for a collapse or the next surge of greed for ARB? 🔥

The current price is at 0.477 after a strong drop from 0.5825, and the eyes are on the pivotal support at 0.470 🧐.

🧲 Resistances: 0.488 – 0.494 ➡️ 0.513.

⚡️ Supports: 0.470 ➡️ 0.457 (EMA99) ➡️ 0.441.

📊 The technical pattern indicates a price rectangle (0.470 – 0.513).

✈️ A bullish breakout above 0.513 could ignite a wave reaching 0.556 then 0.582 and possibly 0.60 🚀.

🎢 A bearish break below 0.470 could push the price down to 0.457 – 0.441 and possibly deeper towards 0.427 ⚠️.

🔎 RSI is near oversold (32), which opens the door for surprises for traders.

💡 The question: Will greed consume the market with a bullish breakout, or will fear bleed it with the coming collapse?

Share your opinion 👇

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