A potential long entry can be considered if the price holds above the support level. The suggested entry range is between 0.03565 and 0.03620. To manage risk, a stop loss should be placed below 0.03450. The first target for taking profit is set at 0.03950.
Waiting for confirmation:
If price reclaims and holds 0.0362 with volume, look for a long.
If price rejects and breaks down below 0.0354, short bias resumes.
I will post my position entry point upon comfirmation.
A potential long entry could be around the current price range of 0.5864 to 0.5814 USDT, as the price seems to be bouncing off a recent support level near 0.5585. Before entering, it's important to confirm the move with a bullish candlestick pattern like a hammer or engulfing candle, check for a bullish MACD crossover, and ensure the RSI is trending upward but not...
The market setup for ARB / USDT looks good for a scalp short trade. You can enter the trade when the price reaches the resistance are between 0.3530 to 0.3560, where the price has been previously dropped. To protect your trade set a stop loss at 0.3600 in case the price goes higher. Take profit at 0.3400 and 0.3300, which is the previous low and strong support level.
