ARB is showing a strong bullish structure after reclaiming the key support zone around 0.48 – 0.49 USDT (highlighted in grey). Price is respecting the ascending trendline and currently holding above the 50-day EMA (blue line), which indicates momentum is shifting in favor of buyers.
Support zone: 0.48 – 0.49
Trendline support: rising from 0.30 lows
Immediate resistance: 0.60
Major target zone: 1.20+ (if breakout sustains)
Invalidation: A daily close below 0.48 and trendline would weaken the bullish outlook, with 0.30 as the next major support.
Overall, as long as ARB maintains this structure, the bias remains bullish with a potential upside towards 1.20 USDT in the coming weeks.
Support zone: 0.48 – 0.49
Trendline support: rising from 0.30 lows
Immediate resistance: 0.60
Major target zone: 1.20+ (if breakout sustains)
Invalidation: A daily close below 0.48 and trendline would weaken the bullish outlook, with 0.30 as the next major support.
Overall, as long as ARB maintains this structure, the bias remains bullish with a potential upside towards 1.20 USDT in the coming weeks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.