$ARB 📉 ARB/USDT Market Update – Binance (15M Chart)🧑💻🧑💻🔑🔑👇👇🐻🐻
📅 Date: Feb 11, 2025 – 16:58 UTC
💰 Current Price: $0.4709
📊 Volume: 809.72K
⚡ Trend: Short-Term Rebound, Facing Resistance
📍 Key Levels
🔼 Resistance: $0.4734 | $0.4750 | $0.4767
🔽 Support: $0.4690 | $0.4600
📊 Indicators & Pattern Analysis
✅ Candle Formation:
Rebound from $0.4690 but struggling at $0.4734 resistance.
Sideways movement after strong downward trend.
✅ Chart Pattern:
Potential Short-Term Reversal if it breaks $0.4750.
Failure to break resistance may continue bearish movement.
✅ Moving Averages:
20-EMA (Green): Immediate resistance.
50-EMA (Blue): Stronger resistance at $0.4750.
200-EMA (Red): Long-term resistance.
✅ RSI & ADX:
RSI: 38.31 → Slight recovery, but still weak.
ADX: 40.66 → Strong trend, still favoring bears.
Bearish strength (22.88) > Bullish momentum (13.26).
📈 Trade Setup
🟢 Long (Buy) – If Breakout Above $0.4750
📌 Entry: $0.4720 - $0.4755
📌 Stop-Loss: $0.4680
📌 Take-Profit: $0.4800 - $0.4850
✅ Confirmation: RSI moving above 45 + volume increase.
🔴 Short (Sell) – If Rejected Below $0.4734
📌 Entry: $0.4725 - $0.4735
📌 Stop-Loss: $0.4765
📌 Take-Profit: $0.4650 - $0.4600
✅ Confirmation: RSI staying below 40 + rejection at 20-EMA.
⏳ Trade Duration: 15-45 Minutes
📢 Conclusion:
📊 Pattern: Sideways Consolidation, Key Resistance at $0.4750.
⚡ Strategy: Breakout above $0.4750 for bullish move, rejection = short opportunity.
📌 Disclaimer: This is not financial advice. Always conduct your own research and manage risks before trading. 🚀
