$ARB — A Trendline Breakdown Could Be Next
ARB is approaching a critical point on the 4H chart.
Price continues to face rejection around the $0.198–$0.205 resistance zone, while the rising trendline underneath is becoming increasingly important.
If buyers fail to reclaim resistance, another rejection could send ARB back toward trendline support around $0.170–$0.175.
A clean 4H breakdown could open the door toward $0.150–$0.155.
Bullish scenario isn’t dead yet. Holding the trendline and breaking above $0.205 would invalidate this bearish thesis and potentially open a move toward $0.220.
I’m leaning bearish here. Watching the trendline closely.
What do you think — will ARB break down or bounce again?
ARB is approaching a critical point on the 4H chart.
Price continues to face rejection around the $0.198–$0.205 resistance zone, while the rising trendline underneath is becoming increasingly important.
If buyers fail to reclaim resistance, another rejection could send ARB back toward trendline support around $0.170–$0.175.
A clean 4H breakdown could open the door toward $0.150–$0.155.
Bullish scenario isn’t dead yet. Holding the trendline and breaking above $0.205 would invalidate this bearish thesis and potentially open a move toward $0.220.
I’m leaning bearish here. Watching the trendline closely.
What do you think — will ARB break down or bounce again?