ARB/USDT: Bounce or Breakdown?

Current price: 0.4852 USDT, down -5.35% in the last 24 hours.

Range: high 0.5247, low 0.4837.

The price has broken the level of 0.6246 and has stabilized below it, confirming a bearish trend.

Trading volume is high (159.85 million ARB / 80.06 million USDT), indicating seller activity.

Indicators:

EMA(7): 0.4966, EMA(25): 0.5149, EMA(99): 0.5123 → price is below all EMAs → signal for continued decline.

MACD (DIF -0.0123 / DEA -0.0099 / MACD -0.0024) → in the negative zone, confirms bearish momentum.

Stochastic RSI (2.77 / 4.15) → extreme oversold, a local bounce is possible.

RSI(14): 33.34 / RSI(7): 25.11 → oversold, which also increases the likelihood of a correction upwards.

Key Zone:

Support: ~0.4715 – 0.4750

Resistance: 0.5140 – 0.5200

Scenarios:

📉 Bearish Scenario (break of support):

🎯TP1: 0.4715 (-2.8%) — nearest support.

🎯TP2: 0.4500 (-7.3%) — a stronger demand zone.

🎯TP3: 0.4400 (-9.3%) — extended target with increased seller pressure.

📈 Alternative Bullish Scenario (bounce from the support zone):

🎯TP1: 0.5140 (+5.9%) — test of EMA25.

🎯TP2: 0.5450 (+12.3%) — local resistance.

🎯TP3: 0.6240 (+28.6%) — key breakout level, a reversal of trend is possible if stabilized above.

Spot trading 👉$ARB