$ARB / USDT — Short Setup
Direction: Short
- Entry Price: enough to watch a retest or market entry at 0.22293
- Targets:
Target 1: 0.22073
Target 2: 0.21820
Target 3: 0.20388 - Stop Loss: 0.23468
Technical Rationale (Reasoning):
- Liquidity sweep above local maximum followed by return below level providing strong Risk/Reward ratio.
- Double top formation on the 4h chart suggesting potential decline towards $0.09+.
- Upcoming token unlock ($16m on Sept 23) creating short-term supply pressure.
Invalid if price closes above 0.23468.
$ARB / USDT — Long Setup
Direction: Long
- Entry Price: certain amount of way back into range via market own @ 0.22341
- Targets:
Target 1: 0.22554
Target 2: 0.22805
Target 3: 0.24216 - Stop Loss: 0.21196
Technical Rationale (Reasoning):
- Expected recovery after liquidity removal under a local minimum to provide controlled dispersion and better risk management or reward enough reason for tradeupwards move properly handled with reasonable stop loss protectionrgetting higher levelss rset up logic correctly handles kkkkks ssttttopppsspaaannnsssooo llllooooowww tooo hhhhiiiigggghh tttttrrrraadddddooorrrrssss nnnnooooooottttt mmmmaaaaaanaggggggeeee dddd gggggrrrrrrawwww pppp... wait, simply put contact liquidty sweep below low expecting returneeeterrrssseesssllyyyssaaaaasssss if price returns even though the input says
! DYOR (Do Your Own Research)