#ARB
Technical Analysis (Daily Frame):
1. RSI: at 38.07, close to oversold.
2. MACD: Negative momentum, downtrend continuation.
3. Stochastic RSI: in oversold zone without clear bounce signal.
4. William %R: at -69.20, indicates lower range.
5. MA: price is below averages (MA5 and MA10), supporting downtrend.
Recommendations:
Entry: Wait for bounce signals (RSI above 40 or positive MACD crossover).
Stop Loss: below $0.78.
Additional Buy: When positive momentum appears (RSI and Stochastic cross upward).
Risk Management: Stop Loss of 3-5%.
Important Support Levels: $0.78-0.80.