MARKET REVIEW: ARBITRUM (ARB)*
Take a look at the trend for Arbitrum (ARB). ARB is showing buyer momentum after holding the 0.72 zone for several days. Currently, the price has risen to 0.78 and if it crosses 0.80 consistently, it may pave the way towards 0.85.
Currently, the RSI indicators show market strength on the buyer's side, but caution is needed if the price falls below 0.74.
*š Recommendations:*
- Near support: 0.74
- Major resistance: 0.80
- Good opportunity for short-term swing trade
MARKET ANALYSIS: ARBITRUM (ARB)*
Take a look for Arbitrum (ARB). Today it is showing buyer momentum after holding the 0.72 zone for several days. Currently, the price has climbed to 0.78, and a solid breakout above 0.80 may lead to a move towards 0.85.
RSI indicators reflect a bullish sentiment, though caution is needed if the price dips below 0.74.
*š Recommendations:*
- Key support: 0.74
- Major resistance: 0.80
- Good opportunity for short-term swing trading