$ARB pulled back almost perfectly into the 0.618 Fib around $0.13.
Buyers stepped in there and price reacted hard.
That matters.
From that Fib support, $ARB has now pushed all the way back toward the major resistance around $0.23.
This is the real test.
If $ARB can break above this resistance and actually close above it, the short-term structure starts looking much stronger.
A clean breakout followed by a successful retest would be even better.
But I still want to stay careful with the bigger picture.
$ARB has spent a long time printing lower lows, so one strong move does not completely repair the macro structure.
For now, the setup is simple.
The 0.618 Fib held.
Price expanded higher.
Now $ARB needs to prove it can break and hold above $0.23.
Nothing is guaranteed. This is simply the higher-probability scenario I see from the technical setup, not a recommendation to buy $ARB . Always do your own research.
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