$ARB is sitting around 0.075 to 0.076 after a prolonged downtrend, trading only a few percent above its all time low. That is not a reason to buy by itself. What matters now is whether buyers can actually reclaim momentum.
My trade plan is simple. I would only consider a long if ARB reclaims 0.080 with strong volume, which could open the door toward 0.085 to 0.090. If price loses 0.073 support, I would stay patient and look for stabilization closer to 0.070 before reassessing. Chasing weak bounces in a bearish trend rarely ends well.
The biggest edge right now is discipline, not prediction. Let price confirm the trend before committing capital. Are you waiting for the breakout, or watching for a deeper discount first? $ARB
My trade plan is simple. I would only consider a long if ARB reclaims 0.080 with strong volume, which could open the door toward 0.085 to 0.090. If price loses 0.073 support, I would stay patient and look for stabilization closer to 0.070 before reassessing. Chasing weak bounces in a bearish trend rarely ends well.
The biggest edge right now is discipline, not prediction. Let price confirm the trend before committing capital. Are you waiting for the breakout, or watching for a deeper discount first? $ARB