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Is $ARB finally finding a floor or just catching its breath before another leg down?
The 1h chart looks pretty heavy. We’ve been stuck in this consistent downtrend, and every time it tries to bounce, the sellers are right there to swat it back.
Right now, $0.0926 is the level to watch. It caught a bit of a bid there recently, but the volume on that recovery wasn't exactly convincing. If we can’t flip $0.0954 into support soon, I wouldn't be surprised to see us test those lows again.
The order book is leaning slightly green for now, but in this market, that can shift in a heartbeat. Staying cautious here until the price action actually proves something.
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