Honestly, I didn’t think $ARB would give us another chance so soon.
The 1h chart shows a pretty clear rejection at 0.1051. We had a solid pump, but the steam ran out and now we’re seeing three straight red candles. It’s currently sitting right at the psychological 0.1000 level. The big question is if this is just a healthy pullback or the start of a deeper slide back to 0.094. If you look at the order book, the bids are actually stacked pretty thick at 66%, which tells me there's still interest in buying the dip here. I’m watching for a bounce in this zone. If it holds, we might see a second leg up to reclaim that high. If it breaks, I'm waiting for the floor at 0.092.
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Honestly, I didn’t think $ARB would give us another chance so soon.
The 1h chart shows a pretty clear rejection at 0.1051. We had a solid pump, but the steam ran out and now we’re seeing three straight red candles. It’s currently sitting right at the psychological 0.1000 level.
The big question is if this is just a healthy pullback or the start of a deeper slide back to 0.094. If you look at the order book, the bids are actually stacked pretty thick at 66%, which tells me there's still interest in buying the dip here.
I’m watching for a bounce in this zone. If it holds, we might see a second leg up to reclaim that high. If it breaks, I'm waiting for the floor at 0.092.
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