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Arbitrum (ARB/USDT) Technical Outlook: Testing Key Support at $0.25
Arbitrum continues to trade under selling pressure, currently hovering around $0.258, as it retests the major support zone near $0.242–$0.25. This region has previously acted as a strong demand area, making it a crucial level for bulls to defend to prevent further downside.
The price remains below the 20 EMA ($0.318), signaling continued short-term weakness, while the broader trend stays bearish beneath the descending resistance line. A sustained close below $0.25 could trigger a deeper decline toward $0.21–$0.20, marking a potential continuation of the downtrend.
However, if ARB manages to rebound and close above $0.318 (0.236 Fib), it could indicate the start of a short-term recovery. In that case, targets lie near $0.366 (50 EMA) and $0.396 (100 EMA). A confirmed breakout above $0.43 (0.5 Fib) would strengthen the bullish case for a move toward $0.47–$0.54 (0.618–0.786 Fib).
The RSI near 31 suggests that ARB is entering oversold territory, increasing the likelihood of a short-term bounce or consolidation.
🔹 Key Levels
Resistance: $0.318 → $0.366 → $0.396 → $0.43
Support: $0.258 → $0.242 → $0.21
RSI: 31 — Oversold zone, potential for short-term relief bounce
Summary:
Arbitrum is at a critical support juncture around $0.25, with bears maintaining short-term control. A rebound from this level could spark a recovery phase, but failure to hold above $0.24 risks extending losses toward new lows.
$ARB
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