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$ARB 1H Setup 📈
ARB is looking strong here. Price has broken out of the previous range and is holding well above the Supertrend at $0.1104.
Entry: $0.1215–$0.1235
SL: $0.1165
TP1: $0.1267
TP2: $0.1320
TP3: $0.1400
Why this setup looks clean:
• Higher highs and higher lows are intact
• Previous resistance around $0.115 has been reclaimed
• Supertrend has flipped bullish
• Price is sitting close to the $0.1267 local high
I wouldn't chase at $0.1255 after this sharp move. The better play is to wait for a pullback and see if $0.1215–$0.1235 holds as support.
A clean 1H close above $0.1267 could open the door toward $0.132 → $0.14.
Invalidation: 1H close below $0.1165.
Overall, ARB has a nice structure, just needs a cleaner entry rather than FOMO.
#GateUSStockOptionsNowLive #GateEventContractTradeSharingChallenge $MU