#ARB HIGH SELLING PRESSURE BUILDING UP AROUND 0.43 KEY LEVEL: SUPPORT FLIPPED INTO RESISTANCE!!!
As clearly depicted in this chart for $ARB / USDC, strong selling pressure appears to be bulding up when approaching the previous key support level at around 0.43, which seems to have flipped into resistance after this recent shakeout
Such selling pressure has so far also been backed up by a high volume, thereby denoting the strength of 0.43 as a mirroring level, acting both as support and resistance and a common level for setting out stop orders, which clearly highlights its key relevance when analyzing upcoming trends, either upward or downward, for the #Arbitrum token