🚀 $ARB : THE RIGHT SHOULDER COULD BE NEXT
$ARB may be forming a head and shoulders pattern on the daily chart, but the right shoulder is still unconfirmed.
A pullback toward $0.130–$0.135 followed by a rebound into $0.19–$0.20 could create the right shoulder.
If price then breaks below the neckline on a daily close, $0.10 could be the next target, with $0.075–$0.085 as a deeper support zone.
A sustained recovery would weaken the bearish setup, while reclaiming $0.255 would invalidate the broader pattern.
Will $ARB break down or surprise the bears?
$ARB may be forming a head and shoulders pattern on the daily chart, but the right shoulder is still unconfirmed.
A pullback toward $0.130–$0.135 followed by a rebound into $0.19–$0.20 could create the right shoulder.
If price then breaks below the neckline on a daily close, $0.10 could be the next target, with $0.075–$0.085 as a deeper support zone.
A sustained recovery would weaken the bearish setup, while reclaiming $0.255 would invalidate the broader pattern.
Will $ARB break down or surprise the bears?