ARB / TetherUS
Long

#ARB/USDT

302
#ARB

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel, which is support at 4050.
We are experiencing a downtrend on the RSI indicator, which is about to be broken and retested, supporting the upward trend.

We are looking for stability above the 100 Moving Average.

Entry price: 0.4436
First target: 0.4700
Second target: 0.4994
Third target: 0.5367

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