Technical analysis by CryptoAnalystSignal about Symbol ARB: Buy recommendation (5/23/2025)

#ARBThe price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.We have a trend to stabilize above the 100 moving average once again.We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.We have a support area at the lower limit of the channel at 0.4033, acting as strong support from which the price can rebound.Entry price: 0.4120First target: 0.4229Second target: 0.4373Third target: 0.4540#ARBFirst target: 0.4229 ReachedSecond target: 0.4373 Reached