ARB trading volume has surged in the last 30 minutes, with an increase of up to 266.8%, which is usually a noteworthy signal.
The current price is fluctuating around 0.2124 USDT, with a key support level at 0.2099, not far away, only 1.18% below. From a technical perspective, if you want to go long, you might consider placing an order around 0.2099.
As for the target level, the resistance above is at 0.2224, which is a more reasonable profit-taking point. The sharp increase in trading volume often indicates that the market may show some movement. The trend of the next few candlesticks will be very important and worth close monitoring.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
SandwichDetector
· 01-12 18:15
Hey, a 266.8% surge in trading volume... Is this really a big move or just another chance to cut the leeks?
---
Entering at 0.2099? Sounds easy, but that's often the deepest point to get trapped.
---
I bet five bucks it'll pull back again soon, it always happens like that.
---
Increased trading volume ≠ market trend coming, don't be fooled, brother.
---
Just want to ask if anyone has actually successfully bottomed out at 0.2099...
---
It's "worth close monitoring" again, but saying that means nothing; technical analysis is like that.
---
A sharp increase like this actually calls for more caution, usually a show before distribution.
---
Entering now is like taking the hit, doesn't feel right.
---
I really can't understand ARB coin, no logic in its rise and fall.
---
Support level with 1.18% space... if broken? Then just go straight down.
---
I'm choosing to wait and see; anyway, missing out isn't really a loss.
View OriginalReply0
YieldFarmRefugee
· 01-11 16:35
266.8% increase? Bro, is this about to take off or just stay like this?
Can 0.2099 hold? I always feel that this kind of volume increase is easily fake.
Is 0.2224 a dream... The last time I asked this, I got caught.
It's again waiting with pending orders, got it, it's the same old pattern of waiting for losses.
This round of the market is really unpredictable. Did someone catch it or not?
View OriginalReply0
RamenDeFiSurvivor
· 01-10 14:53
266.8% increase in trading volume surge? How many people are dumping? I'm going short directly.
Is the support level really reliable when it's so close? Feels like one bearish candle could break it.
Holding @0.2224@ is the real test; entering now is purely a gamble on luck.
This wave of market movement mainly depends on who will cut whom's leeks next.
Wait a minute... with such a huge trading volume spike, is the market maker accumulating positions?
View OriginalReply0
SerumDegen
· 01-10 14:52
volume spike this hard? yeah nah, that's usually where the liquidation cascade starts lmaooo
Reply0
LootboxPhobia
· 01-10 14:50
266.8%? Who are these numbers fooling? A surge in trading volume over 30 minutes means it's going to rise? I think it's just the main players shaking out the weak hands.
Wait, can 0.2099 really hold? Feels fake.
View OriginalReply0
DeepRabbitHole
· 01-10 14:30
Trading volume surges by 266%? This time, either dump the market or push it up. If you bet right, you make a fortune; if you bet wrong, you lose everything. I'll wait and see.
---
0.2099 is a bit close as a support level, feels like it can be easily shaken out.
---
Another wave of false prosperity? Let’s wait for the next few K-lines before deciding whether to act.
---
This sudden increase in volume usually indicates the main force testing the waters. Not very confident to follow.
---
At the resistance level 0.2224, I still feel it's a bit uncertain. Whether it can break through is really hard to say.
ARB trading volume has surged in the last 30 minutes, with an increase of up to 266.8%, which is usually a noteworthy signal.
The current price is fluctuating around 0.2124 USDT, with a key support level at 0.2099, not far away, only 1.18% below. From a technical perspective, if you want to go long, you might consider placing an order around 0.2099.
As for the target level, the resistance above is at 0.2224, which is a more reasonable profit-taking point. The sharp increase in trading volume often indicates that the market may show some movement. The trend of the next few candlesticks will be very important and worth close monitoring.