Technical analysis by NakamotoZzzz about Symbol ARB: Buy recommendation (8/11/2025)

NakamotoZzzz

- Timeframe: Daily (D1) - Position Type: Long (Buy) Entry Point: 0.4117 The entry is positioned at a retest of a support-turned-pivot level, aiming to catch the upward momentum after recent bullish candles. Stop Loss (SL): 0.3449 Placed below a strong support area and recent swing low, this stop limits the downside risk to around -17.43% from entry. Take Profit (TP): 0.6427 Targeting the next major resistance zone, this level offers a potential gain of approximately +53.87% from entry. Risk/Reward Ratio: 3.09 A well-balanced setup with more than 3 times the reward compared to the risk, making it attractive for swing trading. Technical Outlook: Price has recently rebounded from a local low and broken above short-term resistance, suggesting a possible bullish reversal. The entry at 0.4117 allows positioning before a potential rally toward the 0.6427 resistance zone. Bullish Scenario: Sustained bullish momentum from 0.4117 could push price toward 0.6427, especially if daily closes remain above 0.4668 (yellow dotted line). Bearish Scenario: A drop below 0.3449 would invalidate the setup and may signal a return to the broader downtrend. Summary: The trade is structured for a high R/R swing entry, buying near a strong technical level with a stop below recent support and a target aligned with previous resistance highs. Monitoring volume and overall market sentiment is crucial to validate the breakout strength.