$ARB Currently looking at ARB, the price is around 0.096900 USDT. Do you think it’s better to keep grinding higher or is it about time for a pullback?

If I had to give a conclusion, I’d lean more towards: it’s more like a high-level divergence, not suitable for continuing to chase long positions.
Here’s my main reasoning:
First, the buying momentum isn’t strong enough; a breakout upward still lacks energy.
Second, the price is already close to the resistance zone, and the upside potential and risk-reward ratio are average.
To add one more point, a waterfall pattern should quickly make new lows; if it doesn’t fall fast, it’s not a strong waterfall.

The entry point I’ll be watching: 0.097675 USDT
Estimated target price: 0.091861 USDT
Stop-loss if it goes the wrong way: 0.1000 USDT
But the biggest risk at this level is a sharp drop followed by an immediate rebound.

If you were trading this, would you first go long and watch a bit longer, or just stay away altogether?