teakfinance

ARBUSDT price analysis

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BINANCE:ARBUSDT   ARB / TetherUS
ARBUSDT has gained almost 19% since its low of $1.011 on 8th May 2023.
The coin is currently at its resistance zone of $1.2059 in a 2-hour chart. If the candle closes above this zone with volume supporting price we can expect the price to reach $1.30.
Other technicals:
Price is above 21-EMA and 50-EMA : Bullish
RSI >50 : Bullish
Supertrend : Buy

Note:
Studies are for educational purposes only.
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