Arbitrum where next and what do analysts think?

Friends, let's take a look at 📶 #ARB, which is actively attacking the resistance of the ~1.3$ block and wants to break through it and head higher↑. After breaking through this block, the price will go to the 2nd target ~1.5$ →the upper border of the sideways downward channel.

A bearish wedge has formed locally/short-term and is strengthening due to bearish divergence.

👉What's worth waiting for?

Short-term decline to the level of 1.2$ → subsequent breaking through the current block of resistance 1.3$ → rapid growth to 1.5$ (2nd Fib expansion zone + resistance of the upper border of the channel).