Arbitrum ($ARB ) is oversold and sitting near support — this favors a counter-trend bounce, but structure is still weak.
LONG $ARB (bounce setup)
Entry: $0.094–$0.098
Stoploss: $0.089
Targets: $0.103-$0.110-$0.118
RSI ~21 signals extreme short-term exhaustion, which often leads to relief rallies. If price holds above $0.095 and reclaims $0.101 (SMA7 area), a push toward $0.107–$0.110 resistance is likely.
However, this is a technical rebound trade, not a confirmed trend reversal. If $0.095 fails, downside can quickly extend toward $0.085. Tight risk management is essential.
Trade $ARB here 👇