ARB

The price has broken below the trendline on the logarithmic chart, and this trendline is now acting as the nearest resistance. However, on the linear chart, the price has managed to hold above the trendline. The price is still in oversold territory.
If the trendline on the logarithmic chart is successfully broken, it may act as a bullish signal, potentially pushing the price higher towards the $1.1 zone.