$ARB
/USDT: Technical Analysis & Target Update
Current Price: $0.6591 (+12.84%)
Analysis:
ARB/USDT is showing strong momentum after a recent breakout. With increasing volume and bullish sentiment, the chart is setting up for a potential rally. Here’s what to watch:
🎯 Target 1: $0.6800
Resistance Zone: This target aligns with a key resistance level. Breaking above could confirm the bullish trend continuation.
🎯 Target 2: $0.7200
Psychological Level: A critical zone where sellers may step in, but a breakout could lead to accelerated gains.
🎯 Target 3: $0.7500
Fibonacci Extension: This aligns with the 1.618 Fibonacci extension, signaling a potential peak in the short-term rally.
Support Levels:
$0.6200 – Immediate support.
$0.5720 – Strong demand zone.
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