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Resistance Rejection on $ARB /USDT …! Breakdown Continuation Setup
Short $ARB /USDT (Swing)
Entry: 0.1133 – 0.1137
SL: 0.1178
TP1: 0.1106
TP2: 0.1098
TP3: 0.1072
TP4: 0.1034
TP5: 0.0999
Price is showing signs of weakness on the daily structure, with RSI rejecting near the 58 level — indicating fading bullish momentum. A bearish MACD crossover is strengthening, supporting downside continuation.
The current zone around 0.1136 is acting as a strong resistance near the upper Bollinger Band within a squeeze structure, often leading to expansion — in this case likely to the downside.
Repeated rejection from this level suggests sellers are stepping in, and a breakdown move toward lower support zones is highly probable.
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