For Arbitrum, judging by Fibonacci, we've reached the final target of 227.20%, so it's a good time to start accumulating a position for the mid to long term.
➖ I don't know if the price will drop to $0.18 per coin, though I once saw a buy order at that price on Coinbase.
➖ Overall, using DCA (Dollar Cost Averaging) to start accumulating a position seems wise, but pinpointing the exact bottom is challenging.
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