ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 /USDT NEXT MOVE COULD START FROM THIS CONSOLIDATION ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 made a serious move on the 30-minute chart, but the interesting part is what has happened after the rally. Price exploded from the $0.094–$0.096 demand zone, reclaimed $0.10 with strong momentum and eventually reached the $0.12 area. That move was followed by a clear rejection, and ARB has since been moving sideways-to-lower around $0.106–$0.110. At first glance, the pullback looks weak, but the structure hasn't completely broken. ARB is still trading above the origin of the previous impulse, while the $0.105–$0.107 region continues to act as an important short term support area. If buyers defend this region and push price back above $0.110, momentum could return quickly. A move through $0.115 would put the previous $0.12 high back into focus. If $0.12 finally breaks with acceptance above it, the current consolidation could prove to be a continuation structure rather than a failed rally. The risk is below $0.105. A decisive breakdown there would weaken the setup and could drag ARB back toward the $0.095 demand zone. For now, ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 is compressing after a major impulse. The reaction from support should tell us whether another leg higher is coming.
RISKShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
