Is it just me, or is $ARB ‌ actually trying to tell us something here?

We’ve been watching this bleed out for a bit, and now it’s hovering right at 0.1089. It’s a tricky spot because it feels like it’s hanging by a thread, but the sellers are finally starting to look a little exhausted.
The local resistance around 0.1140 slapped it down pretty hard earlier, and we haven't been able to sustain a bounce since. We are currently sitting just a tiny bit above the 24h low of 0.1080.
If we lose that 0.1080 support, there isn't much catching it for a while. But honestly, the order book shows more people trying to bid here than sell.
I’m waiting for a solid green candle on the 1h to confirm we aren't just falling into a bottomless pit. Not touching it until I see some actual strength.

#GoldRebounds