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ARB – next 10x play in the making
ARB/USDT faced a heavy sell-off during the recent crash, dropping over 77% within hours. But here’s the twist, it bounced back 238% from that low, showing strong market confidence.
What’s even more impressive: price never closed below the key support at $0.25, confirming this zone as a strong accumulation area for the long term.
Technical Overview:
Structure: Higher highs and higher lows forming after reclaiming demand zone
Support Held: $0.25 zone defended multiple times
Momentum: Bullish recovery with strong volume inflow
Bias: Long-term accumulation
Spot Accumulation Zone: $0.30 – $0.25
Targets: $0.58 / $1.18 / $2.43
Long-Term Potential: If the upcoming Altcoin Season kicks in,
ARB has the strength to deliver up to 10x returns from the current range.
NFA & DYOR
ARB/USDT faced a heavy sell-off during the recent crash, dropping over 77% within hours. But here’s the twist, it bounced back 238% from that low, showing strong market confidence.
What’s even more impressive: price never closed below the key support at $0.25, confirming this zone as a strong accumulation area for the long term.
Technical Overview:
Structure: Higher highs and higher lows forming after reclaiming demand zone
Support Held: $0.25 zone defended multiple times
Momentum: Bullish recovery with strong volume inflow
Bias: Long-term accumulation
Spot Accumulation Zone: $0.30 – $0.25
Targets: $0.58 / $1.18 / $2.43
Long-Term Potential: If the upcoming Altcoin Season kicks in,
NFA & DYOR
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.