$ARB Analysis*
- *Current price:* $1.1849
- *Movement within limited range:*
- Low range: $1.1362 (recent support)
- Range high: $1.2596 (recent resistance)
- *Potential for price breakthrough:*
- A decisive close above $1.2596 could trigger a rally, with potential targets being:
- $1.3000 (Fibonacci Extension Level)
- $1.3200 (next resistance level)
- For bullish entries, traders can consider buying around: $1.1779 (EMA level)
- *Discount analysis scenario:*
- A sustained decline below $1.1362 could trigger a sell-off, with potential support areas at:
- $1.1000 (Fibonacci Retracement Level)
- $1.0800 (major support level)
- For bearish entries, traders may consider selling around: $1.1362 (breakout level)
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