$ARB Trading Strategy Update
🔎 Key Insight:
A short liquidation of $10.037K occurred at $0.864, signaling that buying pressure is increasing. Bulls are stepping in, and this level could act as a springboard for further upward momentum.
📈 Next Move - Buy Zone, Target & Stop Loss
1️⃣ Buy Zone:
Enter between $0.860 - $0.870. This range aligns with the liquidation level, offering an optimal entry point for potential gains.
2️⃣ Target Levels:
Target 1: $0.885 (initial resistance)
Target 2: $0.900 (psychological level)
Target 3 (Stretch Goal): $0.920
3️⃣ Stop Loss:
Set a stop loss at $0.850 to manage risk effectively if the price reverses.
💡 Strategy Insights:
Volume Check: Ensure buying volume is increasing near $0.864 to confirm bullish sentiment.
Risk Management: Allocate a controlled portion of your capital and avoid over-leveraging.
Market Context: Keep an eye on overall market trends and any news affecting $ARB for additional confirmation.
🚨 Pro Tips for Success:
Wait for Confirmation: Enter only if the price stabilizes or shows upward movement in the buy zone.
Gradual Profit Booking: Take partial profits at $0.885 and $0.900 while holding a portion for the stretch goal of $0.920.
Set Alerts: Use alerts for $0.870 and $0.885 to monitor critical price levels efficiently.
Patience, discipline, and proper risk management are essential. Stick to your strategy and trade with confidence!
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