#ARB/USDT
2024-09-07

#ARB

The price is moving in a downtrend on the 4-hour frame and is about to rebound down

We have a trend to stabilize below the moving average 100

We have a downtrend on the RSI indicator that supports the rise by breaking it upwards

We have a resistance area at the downtrend of the channel at a price of 0.5040

Entry price 0.5032
First target 0.4888
Second target 0.4685