$ARB /USDC - Technical Analysis 📊

📉 Current Price: 0.1134 (-2.66%)

📈 24h High: 0.1525

📉 24h Low: 0.0911

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🔍 Key Observations:

✅ Price Action:

· Price trading near recent lows (0.1134)

· Below all visible MAs on chart (downtrend confirmed)

· Strong resistance at 0.1280-0.1465 zone

📊 Volume & Momentum:

· Volume: 3.06M ≈ MA(5) → Average participation

· OBV: -215M → Heavy selling pressure confirmed

· RSI(6): 41.98 → Bearish but not oversold yet

🎯 Indicator Signals:

· RSI: 41.98 (Bearish territory)

· STOCH RSI: 23.51 + MA: 15.97 → Oversold but still falling

· OBV: Strong downtrend → Sellers in control

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📍 Critical Levels:

· Resistance: 0.1280 → 0.1465 → 0.1525

· Support: 0.1134 (current) → 0.0941 → 0.0911

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✅ Verdict: STRONG SELL/SHORT 🚹

Reasons:

1. Downtrend intact (price below all MAs)

2. OBV shows sustained selling

3. RSI & Stochastic both bearish

4. No bullish reversal pattern visible

Target: 0.0941 (next support)

Stop Loss: 0.1280 (above resistance)

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⚠ Risk Note:

Coin in strong downtrend (-2.66% today, deeper weekly losses likely).

Only consider long if clear reversal above 0.1280 with volume.

#ARB #Crypto #Trading #Bearish #USDCTreasury

$ARB

ARB
ARB
0.1155
+5.96%