ARB/USDT – Technical Analysis
Trend: Bearish structure overall (lower highs & lower lows).
Key Resistance: ~0.115–0.116 (clearly acting as a supply zone; previous support turned resistance).
Current Price: ~0.111, trading below resistance → sellers still in control.
RSI (14): ~45, below 50 → weak momentum, no bullish strength yet.
Bias:
Below 0.115 → continuation risk toward 0.108–0.105 support.
Reclaim & hold above 0.116 → short-term relief bounce possible toward 0.120.
Summary:
As long as price stays under the highlighted resistance, the bias remains bearish to neutral. Bulls need a clean breakout above resistance with momentum confirmation to flip the structure.
@Arbitrum Foundation $ARB #ARBtoken
ARB
0.1091
+1.48%