Technical analysis by EA_2025 about Symbol ARB on 4/9/2025

Hi friends, In today's analysis, we pay attention to ARB in the Daily time frame. We have a key resistance level in weekly and daily timeframes at the price level of $0.826. As you can see, it is already priced in and has lost about 77% of its value from its local top. We have a downtrend daily and 4-Hour Channel as marked on the chart. Also, volume is increasing, and it's a good sign. We have an entry level for long positions after channel breaking from the upper side at the price of $0.3944. Also, we can have our alarms on the price level of $0.5, which is good for spot entry.