🪙 Analysis and Follow-up on Currency $ARB (Arbitrum) – Buying Opportunity⚡️
🔹 Current Purchase Price: 0.213
🎯 Targets:
🎯 First Target: 0.235
🎯 Second Target: 0.260
🎯 Third Target: 0.295
🛑 Stop Loss: 0.195
📌 Let's Talk a Bit About the Currency:
Arbitrum is considered one of the strongest Layer 2 solutions on the Ethereum network, focusing on reducing fees and increasing transaction speeds. The current price of 0.213 is close to important support areas, showing clear accumulation in these regions.
📊 Important Technical Indicators:
• RSI Indicator is close to neutral, allowing room for upward movement without saturation.
• MACD Indicator shows a gradual positive crossover attempt.
• Trading volume is stable and indicates a calm influx of liquidity.
• The short-term trend is trying to turn positive after stabilizing above support.
💡 Advice:
Accumulating in such areas is always better than chasing the price, and keep your entry distributed.
⚠️ Alert:
A clear break below the 0.195 level could change the scenario, and sticking to the stop loss is essential
