ARB's recent trend is indeed interesting. After rebounding from the low of 0.18, it successfully broke through the previous resistance at 0.22 this time, with good volume support. From a technical perspective, the double bottom pattern has been basically confirmed, which usually indicates that the downward momentum is weakening, and the opportunity to go long is accumulating.



The key is volume. If the subsequent volume can maintain this level of energy, there is still room for upward movement. But also be aware that there are other resistances above, so don't be overly optimistic. This price level is indeed a good reference point for those waiting for a bottom. What do you think about this rebound? Are you still watching or have you already participated?
ARB1.25%
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SmartContractPhobiavip
· 01-07 14:02
The double bottom has been confirmed, but I'm still a bit hesitant. The 0.22 level still needs to be watched to see if the trading volume can hold up.
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GasFeeNightmarevip
· 01-07 05:51
Staring at the gas tracker late at night again. The 0.22 level is indeed interesting, but I'm still calculating the costs. The gas fees for entering will eat up half of my profit.
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MercilessHalalvip
· 01-07 05:48
Double bottom confirmation is interesting, but to be honest, whether the trading volume can hold up is the key. My feeling is that we need to wait and see for this wave.
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ColdWalletGuardianvip
· 01-07 05:48
0.22 has been broken through, feels okay, and if the volume picks up, it indicates that someone is recognizing this level.
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AlphaWhisperervip
· 01-07 05:38
I'm confident about the double bottom confirmation, but I'm worried about the lack of follow-through in trading volume. The 0.22 level is easily a trap for traders.
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