$ARB
The chart shows the ARB/USDT cryptocurrency pair's price movement along with technical indicators, which are typically used for short-term trading decisions. Here’s a breakdown of the key observations:
1. RSI (Relative Strength Index): Currently at 69.70, approaching the overbought region, indicating that the price might be overextended and a potential correction could occur.
2. MA (Moving Averages): The short-term MAs (7 and 25) are above the long-term MA (99), signaling a bullish trend.
3. Current Price: At 0.8305, the price has pulled back by 4.76% from its daily high of 0.9115.