ARB is still in a downtrend. The price is moving at a crucial support area of 0.20, indicating that selling pressure is still dominant and there is no confirmation of a trend reversal.
As long as the price holds above 0.20, the opportunity for a technical rebound is open with the following setup:
Entry: 0.200 – 0.205
TP1: 0.235
TP2: 0.270
TP3: 0.320
SL: 0.185
If the daily close price is below 0.20, the bullish scenario is invalidated and the bearish trend may continue. Use strict risk management.
ARBUSDT
Perp
0.2131
+3.14%
