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3 Altcoins to Watch This Week: Arbitrum, Injective, Bitcoin Cash
Altcoin structure remains fragile, but several charts are sitting at key inflection points.
1⃣ ARB$ARB
Trading near $0.113. Structure is clearly bearish.
🔹 Support: $0.107 → ATL $0.094
🔹 Resistance: $0.125 / $0.144
Failure below $0.107 opens room toward $0.094. Bulls need a strong daily close above $0.144 to flip structure. Until then, downside risk dominates.
2⃣ INJ$INJ
Now at $3.13 after rejection from $5.92.
🔹 Support: $3.03 → $2.65
🔹 Resistance: $3.27 / $3.66
High BTC correlation (0.98) increases risk. If BTC$BTC weakens, INJ$INJ likely follows. Only a close above $3.66 confirms structural recovery.
3⃣ BCH$BCH
Holding $558 after reclaiming $541.
🔹 Break above $574 targets $609+
🔹 Loss of $541 shifts bias bearish again
Among the three, BCH$BCH shows the strongest recovery structure. But confirmation above $574 is key.
This week is about validation - not anticipation.
#BTC Price Analysis# #BTC #Macro Insights#