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ARBLONG

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Falconcrypto
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Bullish
Observations for #ARB🔥🔥🔥 📈Falling Wedge Pattern🚀: - The $ARB (Arbitrum) chart displays a falling wedge pattern, which is typically a bullish reversal signal. Falling wedges often indicate a potential upward breakout, especially when found at the end of a downtrend. ✅Currently, $ARB is testing a breakout ✅Support and Resistance Levels: - Support Zone: There’s a strong support zone around $0.46, This level has held several times, making it a key area for potential buying pressure. - Resistance Zone: A around $0.87 represents a resistance area that could serve as the next major price target if ARB manages a breakout. A confirmed breakout would ideally close above this zone. 3. Breakout Target: - The projected target following the breakout appears to be around $1.22, with a potential upside of about 120% from the current price #ARBLONG $ARB {future}(ARBUSDT)
Observations for #ARB🔥🔥🔥

📈Falling Wedge Pattern🚀:
- The $ARB (Arbitrum) chart displays a falling wedge pattern, which is typically a bullish reversal signal. Falling wedges often indicate a potential upward breakout, especially when found at the end of a downtrend.

✅Currently, $ARB is testing a breakout ✅Support and Resistance Levels:
- Support Zone: There’s a strong support zone around $0.46, This level has held several times, making it a key area for potential buying pressure.
- Resistance Zone: A around $0.87 represents a resistance area that could serve as the next major price target if ARB manages a breakout.

A confirmed breakout would ideally close above this zone.

3. Breakout Target:
- The projected target following the breakout appears to be around $1.22, with a potential upside of about 120% from the current price #ARBLONG $ARB
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