$ARB /USDC Technical Analysis
Higher timeframes (1D/daily) confirm a persistent bearish trend, with price trading well below key EMAs (EMA7: 0.2095, EMA25: 0.2245, EMA99: 0.3116) and consolidating near recent lows around 0.1987–0.2116. Declining OBV and fading volume on minor bounces highlight ongoing distribution and lack of buyer conviction, favoring further downside or prolonged range-bound action.
Setup (SHORT)
Entry: 0.215–0.220
TP1: 0.205
TP2: 0.198
TP3: 0.190
SL: 0.230
ARBUSDT
Perp
0.2102
-0.19%
Arbitrum (ARB) is a leading Ethereum Layer 2 scaling solution using optimistic rollups for faster, cheaper transactions while maintaining Ethereum security. Crypto markets are volatile always use strict risk management.
