ARB Technical Analysis Jan 24

ARB is trading in a tight range around 0.18$; short-term downward pressure prevails but there are recovery signals in momentum. Closely monitor critical levels.

Short-Term Market Outlook

ARB is currently experiencing horizontal consolidation at the 0.18$ level. In the last 24 hours, it fell %2.65 and stayed in a narrow range of 0.18$ – 0.18$, with volume limited at 58.18 million$. Short-term trend is downward; price is trading below EMA20 (0.18$) and Supertrend is giving a bearish signal. However, RSI has declined to 35.90, approaching the oversold zone, and the MACD histogram is showing a positive histogram, indicating a possible momentum jump. Volatility increase is expected in the next 24-48 hours, especially depending on BTC movements. There are 10 strong levels in higher timeframes (1D/3D/1W): 1S/3R on 1D, 2S/2R on 3D, 2S/2R on 1W. These levels can affect short-term breakouts. No news flow, it will be a technically focused day. For short-term trades, pay attention to quick invalidation points: above 0.19$, below 0.1780$.

Intraday Critical Levels

Nearby Support Zones

No strong support level (skor >=60), but 0.1780$ (skor 64, nearby resistance/support pivot) is the first critical point. On breakout, watch 0.1586$ downside target (skor 22) for quick drop. Additional supports from MTF: weak supports around 0.17$ on 1D/3D. For scalping, use the 0.1790-0.1800$ zone as stop-loss; it’s close to EMA20 and provides quick invalidation.

Nearby Resistance Zones

Supertrend resistance at 0.19$, immediately followed by 0.1930$ upside target (skor 39) and 0.2005$ strong resistance (skor 64). First test level for intraday breakout is 0.1820$. If these resistances break, momentum accelerates, but failure carries high risk of quick pullback. Swing traders should wait for a close above 0.19$.

Momentum and Velocity Analysis

RSI at 35.90 is close to oversold, divergence possible – could trigger a quick bounce. MACD positive histogram shows weakening in the bearish trend, but short bias prevails as long as below EMA20. Volume is low, needs a catalyst for volatility explosion (BTC move or general altcoin rally). Velocity analysis: Momentum slow in the last 4 hours, but RSI at bottom – 5-8% move potential within 24 hours. Risk: False breakouts are common, tight stops mandatory (e.g., 0.1780$ invalidation for longs, 0.1820$ for shorts).

Short-Term Scenarios

Upside Scenario

Close above 0.1820$ + RSI rise to 45+ breaks 0.19$ Supertrend, target 0.1930$. Trigger: BTC above 90k$. Invalidation: Close below 0.1780$. In this scenario, scalping zone 0.1820-0.19$, target 1:2.5 risk/reward. Higher timeframe resistances (0.2005$) may limit momentum.

Downside Scenario

Break below 0.1780$ (scored level), target 0.1586$. Trigger: BTC testing 88.8k$ support or dominance increase. Invalidation: Above 0.1820$. For short scalping, 0.1780-0.1800$ zone, quick 5-7% downside potential. Note: Deep drop may be limited in RSI oversold.

Bitcoin Correlation

BTC is sideways at 89,433$ level, weak with %1.55 drop. ARB is a highly correlated altcoin; if BTC breaks 88,870$ support, quick pressure below 0.1780$ on ARB. BTC resistances 90,751$-91,675$ – if broken here, ARB upside to 0.1930$ opens. BTC Supertrend bearish, be cautious with altcoins; dominance increase pulls ARB down. Main watch: BTC 88.8k$ (support), 90.7k$ (resistance). Details for ARB Spot Analysis and ARB Futures Analysis.

Daily Summary and Watch Points

– Critical watch: 0.1780$ (main pivot), 0.19$ Supertrend.
– Momentum trigger: RSI 45+ or MACD cross.
– BTC alert: Below 88.8k$ – ARB short bias.
– Risk: Short-term high volatility, limit capital to %1-2 risk.
– Today’s focus: Breakout from narrow range, keep invalidations tight.