$ARB Next move analysis:

Based on the provided chart:

1. Price and Moving Averages:

The price is currently at $0.6915.

The EMA(7) (yellow) is above the EMA(25) (pink) and EMA(99) (purple), indicating a short-term bullish trend. However, the price has recently retraced from its high of $0.7639 and is approaching the EMA(25).

2. RSI (Relative Strength Index):

The RSI is at 42.49, which is in the neutral-to-oversold range, suggesting reduced buying pressure.

3. Stochastic RSI:

The Stochastic RSI is at 9.08, which indicates oversold conditions. This could lead to a potential reversal or bounce upward if buyers step in.

4. Volume:

The trading volume appears to be declining, indicating weaker momentum in either direction.

Key Levels to Watch:

Support: Around $0.6850 (near EMA(25)) and $0.6413 (EMA(99)).

Resistance: The recent high at $0.7639.

Potential Moves:

If the price holds above EMA(25) and buyers re-enter, it could attempt another move toward the $0.72–$0.76 resistance zone.

If selling pressure continues and the price falls below the EMA(25), a test of the $0.64–$0.65 support zone may occur.

Suggested Strategy:

Monitor the price reaction near $0.6850 and $0.6413.

A bullish divergence on the RSI or Stochastic RSI might confirm a reversal upward.

Avoid trades during uncertainty; wait for confirmation through volume or candlestick patterns.