📊 $ARB – Arbitrum$ Breaks the Bottom and Rises to Highest Level Since February: Is It Time for Smart Selling? 🚀📈
The Arbitrum token is experiencing a strong upward wave after breaking the bottom pattern, surpassing the $0.55 barrier for the first time in eight months. Today's candle is fully green, and the volume is the highest since February, reflecting the entry of strong liquidity and confirmed momentum.
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🔍 Current Technical Analysis
- Current Price: $0.5498 (+15.6%)
- Next Resistance: $0.6226 then $0.8578
- Main Target: $1.85 within 1–3 months
- Trend: Medium-term bullish, supported by strong momentum and institutional accumulation
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📈 Smart Selling Strategy
- Don't sell early: the market is in a clear bullish wave, and retracements often end at higher bottoms
- Watch the resistance at $0.8578: a suitable area for partial profit-taking, with the intention to re-buy at a lower price
- Final Goal: sell near $1.85, where a temporary halt or sideways correction is expected
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🧠 Trading Tips
- Common Mistake: selling early or holding forever
- Best Approach: sell at the peak, then re-enter after a correction
- Use indicators like RSI and MACD to confirm exit and entry points
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⚠️ Not Financial Advice — Always do your own research before making any decision 🧠📚