#ARB Update:
That breakdown below the lower trendline turned out to be a classic liquidity sweep. $ARB quickly reclaimed the structure, confirming a fakeout/deviation, and has now pushed straight back above the descending trendline resistance.
Now $ARB is testing the key horizontal resistance box around $0.200–$0.203. A clean breakout and retest of this zone as support will unlock the next expansion leg toward the $0.220+ target.
That breakdown below the lower trendline turned out to be a classic liquidity sweep. $ARB quickly reclaimed the structure, confirming a fakeout/deviation, and has now pushed straight back above the descending trendline resistance.
Now $ARB is testing the key horizontal resistance box around $0.200–$0.203. A clean breakout and retest of this zone as support will unlock the next expansion leg toward the $0.220+ target.