ARB - Trading Plan on the 1W Timeframe
🔻Trend Break Point: Price needs to hold above $0.64 for a potential bullish trend break.
🔻Decision Zone: Key levels to watch for full profit-taking or continuation are $0.9 - $1.1.
🔻Fundamentals: After the Sybil airdrop rush, activity has significantly decreased. Monthly token unlocks every 16th could lead to manipulative movements.
🔻Downside Risk: If the lows are broken, it’s difficult to determine the next support level as the chart shows a potential freefall. Prices below this point are highly speculative.
🟢Green zone = buying opportunities. 🔴Red zone = selling or profit-taking zones. Watch for price action and setups in these key areas.
🔻Decision Zone: Key levels to watch for full profit-taking or continuation are $0.9 - $1.1.
🔻Fundamentals: After the Sybil airdrop rush, activity has significantly decreased. Monthly token unlocks every 16th could lead to manipulative movements.
🔻Downside Risk: If the lows are broken, it’s difficult to determine the next support level as the chart shows a potential freefall. Prices below this point are highly speculative.
🟢Green zone = buying opportunities. 🔴Red zone = selling or profit-taking zones. Watch for price action and setups in these key areas.
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