#Binance Futures will launch the USDⓈ-M ARB perpetual contract with up to 50x leverage within approximately 15 minutes after Arbitrum (ARB) spot trading opens on Binance.

#ARB spot trading is tentatively set to open at 2023-03-23 17:00 UTC.

#ARB / USDT - Long

Leverage : 3X

Entry : 1.2900 Stop limit

Targets : 1.3600 - 1.5000 $

Stop Loss : 1.2300 $

Exchange : #Binance

Offchain #Labs, The Team Behind #Arbitrum, Has Locked Over $3.7 Billion Worth Of #Arb For 4 Years.

#Binance Adds #ARB/RUB, #JOE/TRY, #MAGIC/TRY & #USDT/PLN Trading Pairs

While the current technical indicators suggest a bearish trend, the potential for a bullish reversal exists, especially if #ARB breaks above key resistance levels. Investors should monitor volume and price action closely for confirmation.

#ARB is showing early signs of a trend reversal with strong upside potential. A confirmed breakout and rebound from a long-term demand zone make it technically attractive for swing trading. Watch for volume confirmation and retest behavior before entry.
Break of Structure: The breakout above the descending trendline and horizontal resistance ($0.41) confirms bullish strength.
Volume Likely Supporting Breakout (not shown but assumed) — typical for such breakouts.
Retest Zone: Ideally, a retest of the breakout area near $0.39–$0.41 could offer a safer long entry.