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Currently watching $ARB , the price is around 0.1143 USDT.
I'm not focusing on the ups and downs, but whether this level is worth touching.
In the short term, I still lean towards bullish. $ARB
At this level, I will first look at these points:
First, after a pullback, the support is still holding, and there is no obvious withdrawal of active buying
Next, near the key support, the volume is decreasing, indicating that the selling pressure is not as heavy as imagined
Additionally, hot funds are still watching this direction, and the sentiment has not fully retreated
I prefer to view it this way: buy on the trend after support is confirmed
Suggested entry price: 0.1133 USDT
Estimated target price: 0.1201 USDT
Defense level reference: 0.1105 USDT
Premise for invalidating this judgment: 5-minute support lost / 15-minute breaks below the key recovery level
Risk-reward ratio reference: 2.50R
The most feared thing at such times is itchy hands; waiting for a clearer signal makes it easier to trade.