#ARB has flashed an oversold signal at the daily support/resistance flip zone. The last two times this oversold signal appeared, price reacted nicely. While we might not see the same pump as before, this level is near key support and major moving averages, with a clear stop-loss, so it's worth a shot. Taking trades at crucial levels keeps risk limited—you only have to be wrong once.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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