$ARB is flashing the weakest structure on the board, with sellers firmly controlling the current move.
ARB is trading around $0.1501 after dropping 9.62% in 24 hours. Such a sharp decline increases downside momentum, but chasing the move at the lows carries added risk.
EP
$0.1510 – $0.1530
TP
TP1 $0.1470
TP2 $0.1430
TP3 $0.1380
SL
$0.1565
The cleaner approach is to wait for a relief bounce into the $0.1510–$0.1530 supply area and look for sellers to step back in. That zone can provide a better risk-defined entry while the broader structure remains bearish. A rejection with increasing sell volume would be the confirmation I want. If ARB establishes acceptance above $0.1565, the short thesis is invalidated.
Let's go $ARB
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