Proposed Buying Zones for Currency $ARB
1. Aggressive Buying Zone
- Price Range: 0.30–0.33 USDT
- Targets accumulation as the price approaches support at 0.2863 to reduce average cost.
2. Neutral Buying Zone (Value)
- Price Range: 0.40–0.45 USDT
- Near support at 0.4124, an opportunity for balanced risk and return.
3. Additional Entry Point
- Upon weekly close above 0.48 USDT
- Confirms the breakout signal from the first resistance and opens space for upward movement towards 0.60 USDT.
---
Proposed Selling Zones $ARB
1. First Take Profit Target
- 0.60–0.75 USDT
- At the second resistance 0.5946 and the first sign of selling pressure.
2. Second Target
- 1.00–1.10 USDT
- Near the third resistance at 1.048 to test seller weakness.
3. Third Target
- 1.25–1.30 USDT
- Level of pressure with potential trading volumes before the fourth resistance 1.2532.
4. Final Target (Long-term) Not Recommended $ARB #ARB
- 2.20–2.25 USDT
- The upper resistance at 2.2038 represents a potential historical ceiling for retest.