ARB market inflection point is approaching, looking for opportunities in the shock!
ARB/USDT current price is 0.7637, the daily level shows a shock decline trend, the price is obviously suppressed by MA7 and MA25.
Key point analysis:
• Support level: 0.7350, if it falls below, it may continue to fall to 0.6676.
• Pressure level: 0.8025, after breaking through, it is expected to challenge above 0.8500.
Trading strategy:
1. Long layout: If it falls back to the 0.7350 support and stabilizes, you can enter the market with a light long position, the target is 0.8025, and the stop loss is set at 0.7200.
2. Short layout: When the rebound to 0.8025 is blocked and the volume falls back, you can try short orders, the target is 0.7350, and the stop loss is set at 0.8100.
The current market direction is unclear, it is recommended to control the position and wait for a clear signal to appear before operating.
Disclaimer: This article is for reference only. Investment is risky and you should be cautious when entering the market.