🫠 $ARB — Dead Bounce or Real Reversal? Let’s Not Get Too Excited Yet
So $ARB tanked to $0.2559, then suddenly bounced and now everyone’s screaming “REVERSAL!”
Yeah okay, it’s green on the 15-minute — but let’s be honest, it’s been slapped around all week and now it’s just reacting like a cornered rat.
Wick rejection? Sure. Buyers stepped in. But is it real interest or just bored scalpers trying their luck again?
📈 Long Setup (if you dare):
• Entry: $0.2615 – $0.2630
• TP1: $0.2675
• TP2: $0.2720
• TP3: $0.2780
• SL: Below $0.2570 (and pray)
It looks like a clean rebound off support — but one shaky candle and this whole thing could unravel again.
💡 If it can hold above $0.2640, maybe — maybe — there's room to ride.
But let’s not pretend this isn’t still a knife juggling act.
Scalp smart, set your stops tight, and don’t fall in love with green candles.