$ARB $USDT *ProâTrader Update* đ„
*Market Overview*
ARB is trading at 0.1545 USDT, down 6.76% in 24âŻh. The pair is on Binance, Layerâ1/Layerâ2, with 107.52âŻM ARB volume (â16.88âŻM USDT). The daily candle shows a bearish pullback after hitting a 24âŻh high of 0.1658 and low of 0.1511.
*Key Levels*
- *Support*: 0.1530 â 0.1511 (strong daily floor).
- *Resistance*: 0.1560 â 0.1658 (recent ceiling).
*Next Move Expectation*
Price is testing the 0.1530 support. A bounce here should spark a rally toward the resistance zone; a break below 0.1511 would signal further downside.
*Trade Targets (TG)*
- *TG1*: 0.1560 (quick scalp).
- *TG2*: 0.1600 (midârange profit).
- *TG3*: 0.1658 (breakout target).
*ShortâTerm Insight* (next 1â4âŻh)
Watch the 15âminute chart for a bullish engulfing or hammer at 0.1530 to confirm entry for a shortâterm long. Set a tight stopâloss just below 0.1511.
*MidâTerm Insight* (1â7âŻdays)
If ARB holds above 0.1530, expect a swing toward the 0.1658 resistance and possible breakout to 0.1700. Otherwise, a drop below 0.1511 could lead to a deeper correction to 0.1480.
*Pro Tip*
Use a *volumeâweighted entry* on the 0.1530 support with a 0.1511 stopâloss and scale out at each TG. Keep an eye on overall market sentiment & Bitcoin dominance, as ARB moves with Layerâ2 narratives.
Need anything elseâlike a specific entry plan or riskâmanagement settings? đ€