⚠️ $ARB Breaks the sub-trend after a fake breakout, and is now testing the Confirmation zone at 0.2127; closing below it will confirm the continuation of the drop toward the main trendline.
📍 Watch zone: 0.2120 – 0.2250
🎯 Targets:
0.1954
0.1839
0.1719
❌ Invalidation of the scenario: a 4H close above 0.2450 and a return above the fake-breakout zone and the sub-trend.
The price has already broken the sub-trend, but the final confirmation is not yet complete.
A close and sustained trading below 0.2127 will confirm the failure of the fake breakout and support the continuation of the correction, especially with Momentum: Falling and Cross: Bear.
📍 Watch zone: 0.2120 – 0.2250
🎯 Targets:
0.1954
0.1839
0.1719
❌ Invalidation of the scenario: a 4H close above 0.2450 and a return above the fake-breakout zone and the sub-trend.
The price has already broken the sub-trend, but the final confirmation is not yet complete.
A close and sustained trading below 0.2127 will confirm the failure of the fake breakout and support the continuation of the correction, especially with Momentum: Falling and Cross: Bear.
