📅 Timeframe: 1D
💰 Current Price: $0.3559 (+5.33%)
📊 Volume Spike: 389.18M
ARB is currently testing a descending trendline resistance that's been respected since mid-May. Price action has formed a base around the $0.35 level and is now showing signs of strength with a recent bullish candle.
📈 Key Levels:
Resistance to Watch: $0.37 - $0.38 (trendline + horizontal level)
Breakout Target: $0.45 - $0.55 zone if the breakout is confirmed
Support: $0.33 - $0.34 range
🧠 Bullish Scenario:
If ARB can break and close above the trendline with volume, a potential retest and continuation move could take price towards the $0.45-$0.55 area.
🛑 Invalidation:
A daily close below $0.33 may signal weakness and delay the bullish breakout.
📌 Watch for:
Break and retest confirmation
Volume confirmation on breakout
RSI and momentum support
📉 Not financial advice. Always do your own research. #ARB #Crypto #Breakout #TechnicalAnalysis #Altcoins #TradingView
💰 Current Price: $0.3559 (+5.33%)
📊 Volume Spike: 389.18M
ARB is currently testing a descending trendline resistance that's been respected since mid-May. Price action has formed a base around the $0.35 level and is now showing signs of strength with a recent bullish candle.
📈 Key Levels:
Resistance to Watch: $0.37 - $0.38 (trendline + horizontal level)
Breakout Target: $0.45 - $0.55 zone if the breakout is confirmed
Support: $0.33 - $0.34 range
🧠 Bullish Scenario:
If ARB can break and close above the trendline with volume, a potential retest and continuation move could take price towards the $0.45-$0.55 area.
🛑 Invalidation:
A daily close below $0.33 may signal weakness and delay the bullish breakout.
📌 Watch for:
Break and retest confirmation
Volume confirmation on breakout
RSI and momentum support
📉 Not financial advice. Always do your own research. #ARB #Crypto #Breakout #TechnicalAnalysis #Altcoins #TradingView
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.