Current Price: $0.4185
Support Zones:
Strong support near $0.38 – $0.40 (tested multiple times).
Deeper support around $0.30 (last bottom).
Resistance Zones:
First resistance: $0.48 – $0.50
Next resistance: $0.58 – $0.60
Major resistance: $0.75 – $0.80
Chart shows ARB has been consolidating between $0.38 and $0.50 for weeks. Buyers defending support, but still bearish bias if $0.38 breaks.
📊 Spot Trade Plan
✅ Buy Zone (Entry)
First Buy: $0.40 – $0.42 (near current price, low risk entry).
Safer Buy: $0.38 (support level).
🎯 Sell Targets
Target 1: $0.48 (short-term resistance)
Target 2: $0.58
Target 3: $0.75
❌ Stop Loss
Below $0.36 (if it breaks, trend may head to $0.30).
⚖️ Risk-to-Reward (R:R)
Entry: $0.41
Stop Loss: $0.36 → Risk = $0.05 (-12%)
Target 1 ($0.48): Reward = $0.07 (+17%) → R:R = 1.4 : 1
Target 2 ($0.58): Reward = $0.17 (+41%) → R:R = 3.4 : 1
Target 3 ($0.75): Reward = $0.34 (+83%) → R:R = 6.8 : 1
📌 Summary
Good Buy Zone: $0.40 – $0.42 (with SL $0.36).
Take Partial Profits: $0.48, $0.58.
Hold Runner: up to $0.75 if bullish breakout happens.
Risk Management: Don’t risk more than 2–3% of portfolio per trade.