$ARB The price is currently trading within a major demand area (the gray box) at levels of 0.1946, which is the area that formed a solid bottom from which the price previously rebounded. Despite the negativity imposed by the "Exponential Moving Averages" (EMAs) from above, the consolidation within this box indicates a potential accumulation in preparation for a rebound wave. The condition for positivity is to remain above the bottom of the box and break through the nearby resistance level at 0.2242 to confirm a change in direction.
Targets:
🎯 T1: 0.2100 (testing the nearby averages)
🎯 T2: 0.2242 (the resistance marked by the white line)
