Arbitrum (ARB): Strong Liquidity Grab | Expecting Quick Recovery

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ARB had a sharp breakdown below the EMAs and local support, which acted as a strong liquidity grab. Price quickly bounced back above, showing signs that sellers may have been trapped in this move. With momentum shifting back, we expect a quick recovery as long as buyers defend this regained zone. What we need here is to see eather current daily candle have smaller body and next daily candle to stay green whole day!

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