Lucky_Block
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📊 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.
⸻
🎯 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.
⸻
✅ 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.
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.
⸻
🎯 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.
⸻
✅ 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.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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