ARB is trading around 0.2042 with a market capitalization near 1.39 billion dollars and a 24 hour gain of about 1.84 percent.
The move is not explosive yet, and that is exactly why I am watching it. Sometimes the most important setup is the one that begins quietly while the market is focused somewhere else.
The key area for me is around 0.2000 to 0.2030. If buyers continue defending that zone and volume starts expanding, ARB could begin testing the next psychological levels. A sustained move above 0.2100 would make the structure considerably more interesting.
The broader market is showing renewed activity, with Bitcoin dominance close to 59 percent and traders increasingly monitoring the possibility of capital rotation. 3
EP 0.2042
TP 0.2150
TP 0.2300
SL 0.1940
I am not chasing the candle. I am watching the support reaction and waiting to see whether buyers prove that this is more than a temporary bounce.
The market has been quiet for long enough.
I am ready for the move
#Fed officials hint at rate hikes
#SEC proposes crypto custody rules
