$ARB (Arbitrum) – Short Market Update
Price Action: ARB is trading in a tight range after recent selling pressure. Price is trying to build a short-term base near support, showing mild consolidation.
Trend: Overall trend is still bearish to neutral, but momentum is slowing down — early signs of a possible relief bounce if buyers step in.
Key Levels:
Support: 0.70 – 0.68
Resistance: 0.75 – 0.78
Indicators:
RSI hovering near oversold zone → bounce possible
Volume is low → wait for breakout confirmation
Bias: Cautious long on support OR scalp trades only until clear direction.
Invalidation: Daily close below 0.68 may trigger further downside.
Not financial advice. Manage risk properly.
ARB
0.1112
+2.20%
XPL
0.0899
+7.92%
USDE
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