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$ARB Currently around 0.1106 USDT. Do you think we should keep grinding upward, or is it about time for a pullback?
$ARB If I state the conclusion first, I would lean more towards: it looks like a high-level divergence, not suitable for continuing to chase long positions.
Here's my main perspective:
First, the high-level divergence is starting to widen, making it easier for a short-term shakeout first.
Second, the continuation after a spike is generally weak, and chasing long positions risks entering at an awkward point.
To add one more point: only add to profits, not to losses; test the waters with 20%, main position 50%, accelerated position 30%.
More comfortable entry point: 0.1117 USDT
Estimated target price: 0.1050 USDT
Defense level reference: 0.1143 USDT
The most critical thing at this position is that the bears haven't truly gained momentum, and the position is being squeezed out by the market. If it were me, would I start with a light long position and watch for a while, or simply not participate?