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First things first - we've seen a bounce across crypto markets recently. 🌊
For Arbitrum specifically, price bounced off the 0.95 level, which aligns almost perfectly with the 61.8% Fibonacci retracement. 🎯 Very bullish!
This 0.95 zone is now a key support level to watch. It also aligns with previous resistance around $1. 💰
If price can reclaim and close above $1, it would be extremely bullish and suggest this whole trading range is an accumulation area. 📈
For investors, dollar cost averaging around these...
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