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âThe Arbitrum (ARB) chart is currently telling a story of intense pressure. As of today, $ARB is trading at 0.0968, down nearly 10% in 24 hours. For many, this looks like a "red sea," but for a disciplined trader, itâs a moment of critical decision-making.
âđ Technical Breakdown (1D Chart Analysis:
âThe Trend: We are in a clear descending channel. The price is currently hugging the lower support line near 0.0941.
âMoving Averages: The gap between the price and the MA(99) (purple line at 0.1844) is massive. This shows a heavy bearish trend, but also indicates that the asset is severely "over-extended" to the downside.
âVolume Spike: Notice the massive red volume bar recently. This indicates "capitulation"âwhere weak hands are selling out. Often, high volume at the bottom of a downtrend signals that a reversal might be brewing.
ââïž Support & Resistance Levels
âCritical Support: 0.0940. If we break this on a daily close, we could see a slide toward the $0.065 zone.
âImmediate Resistance: 0.1093 (MA 7). We need to reclaim this level to even think about a "relief rally."
âMid-Term Target: If a bounce occurs, the first major hurdle is 0.1246 (MA 25).
âđ The "Unlock" Factor
âWe cannot ignore the fundamental pressure. February 2026 has been a month of significant token unlocks. With millions of ARB entering the circulating supply, the market is struggling to absorb the sell pressure. However, historically, once an unlock event is "priced in," we often see a relief rally.
âđĄ My Trading Plan
âThe Aggressive Play: I am watching for a "Double Bottom" formation at the 0.0940 level. If it holds with a bullish engulfing candle, Iâll look for a scalp toward 0.1150.
âThe Safe Play: Wait for a breakout above the 25-day Moving Average (Pink Line) before going long.
âRisk Management: Stop losses are mandatory. With this much volatility, a 5% stop below the recent low is essential to protect capital.
âWhat do you think? Is $ARB finally hitting its "true bottom," or is the Layer 2 competition from Base and Optimism too much for it to handle?
âđ Drop your price targets in the comments!
â#ARB #ARBİTRUM #CryptoAnalysis #TradingTips #BinanceSquare 