📊 Technical Analysis of ARB

1. Short-term Trend

• ARB has just hit the 0.6 peak, which is a strong resistance zone that has been tested several times before but not yet broken.

• Trading volume increased slightly but did not surge → indicating that buying pressure is not too strong, mostly short-term FOMO.

• RSI on both 4H and Daily charts is approaching the 70 (overbought) zone → likely to see a pullback.

2. Support – Resistance Levels

• Short-term resistance: 0.6 – 0.62 (if broken, the trend may continue up to 0.68 – 0.7).

• Nearby support: 0.55 – 0.53.

• Strong support: 0.51, which aligns with the Fibonacci 0.618 level + previous price base, making it solid.

3. Market Sentiment

• After the recent pump, many investors tend to take short-term profits → creating selling pressure.

• Funds and whales usually accumulate around the 0.51 – 0.53 support zone to prepare for the next wave.

4. Possible Scenarios

• Scenario 1 (60% probability): ARB corrects to 0.51 – 0.53, then bounces back, maintaining the uptrend.

• Scenario 2 (30% probability): If the broader market turns bearish, ARB could break below 0.51 → retesting 0.48.

• Scenario 3 (10% probability): Strong breakout above 0.6 with high volume → heading towards 0.7.

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🎯 Trading Strategy Suggestions

• Short-term (scalping): Wait for 0.51 – 0.53 to accumulate gradually, with stoploss below 0.48.

• Mid-term: If it holds above 0.51, consider holding with a target of 0.65 – 0.7.

• Long-term: ARB remains a promising Layer 2 token, but patience is required to accumulate at good levels.

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✅ The prediction is accurate: ARB has a high chance of correcting to 0.51, which is a great accumulation zone before the next upward move.