🔵 $ARB: HOW FAR CAN A RELIEF RALLY GO?
$ARB is testing $0.218 after a prolonged decline. The weekly candle is still open, so the reclaim isn’t confirmed.
Hold above this level and establish support, and $0.50 becomes the next major checkpoint. Further strength would bring $0.81, then $1.17 into focus.
My broader scenario is a recovery into resistance followed by renewed selling. Even a rally toward $1.17 would leave price well below its previous peak.
Lose $0.218 and fail to reclaim it, and the recent base comes back into play.
The yellow path illustrates that scenario, not an exact timeline or a prediction of zero.
Nothing is guaranteed. Do Your Own Research.
$ARB is testing $0.218 after a prolonged decline. The weekly candle is still open, so the reclaim isn’t confirmed.
Hold above this level and establish support, and $0.50 becomes the next major checkpoint. Further strength would bring $0.81, then $1.17 into focus.
My broader scenario is a recovery into resistance followed by renewed selling. Even a rally toward $1.17 would leave price well below its previous peak.
Lose $0.218 and fail to reclaim it, and the recent base comes back into play.
The yellow path illustrates that scenario, not an exact timeline or a prediction of zero.
Nothing is guaranteed. Do Your Own Research.
