$ARB /USDC just bounced +7.24% to 0.1007 after hitting a brutal 24h low of 0.0937! đ
The chart shows a classic oversold rebound: price slammed into deep support near 0.0926â0.0937, with RSI(6) at ~31 and RSI(14) at ~29 screaming oversold, while Stochastic %K/%D crossed up from extreme lows. EMAs are still bearish (price below EMA8/13/21), but momentum is flipping fast with strong volume spike on the green candle!
This looks like a high-conviction LONG setup for a relief rally.
Trade Idea: LONG $ARB /USDC NOW!
Entry: around 0.1007â0.1015
Take Profit: 0.1050 (24h high / next resistance) â potential quick +4%
Stretch TP2: 0.1100â0.1150 if momentum holds
Stop Loss: 0.0937 (below recent low) â tight risk for max reward
Don't miss this potential bottom bounce â ARB could rip if it clears 0.1050!
Trade or buy $ARB Now! Follow & turn đ on â Let's catch the reversal! đ°đ
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