#ARB/USDT (ARB): Strong Liquidity Grab | Expecting Quick Recov

#ARB

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 0.4200, which represents a strong support point.

We are heading for stability above the 100 moving average.

Entry price: 0.4400
First target: 0.4490
Second target: 0.4590
Third target: 0.4720

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.