$ARB /USDT Trading Signal – Testing Key Resistance
Current Price: $0.8823 (+5.97%)
24h Range: $0.8248 - $0.9090
24h Volume: 103.52M ARB
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Observation
ARB/USDT has seen a strong upward movement, peaking at $0.9090 before consolidating near $0.8823. This level acts as a minor resistance, with potential for either a breakout or a pullback toward support zones.
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Trading Plan (1H Timeframe)
Long Entry: $0.8750 - $0.8850
Targets:
T1: $0.9000
T2: $0.9200
T3: $0.9500
Stop Loss: $0.8600
Alternate Plan:
If price breaks below $0.8650:
Short Entry: $0.8650 - $0.8500
Targets:
T1: $0.8300
T2: $0.8100
Stop Loss: $0.8800
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Analysis
MACD shows minor bearish divergence, indicating a potential pullback before a continuation of the uptrend. A breakout above $0.9090 could push the price toward $0.95, while failure to hold $0.8650 may lead to further downside testing.
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Strategy Advice
Monitor volume near $0.90 for breakout confirmation. Secure partial profits at targets, and use tight stop-loss levels to minimize risk.