The daily chart for ARB/USD hints at a potential bullish breakout. After testing strong support levels near $0.68-$0.70, the structure suggests a reversal pattern with upside potential toward the $2 mark.
Key observations:
RSI is recovering from oversold territory, signaling bullish momentum.
Critical resistance at $0.7756 could trigger a breakout.
Projection aligns with previous highs, targeting $2 in the medium term.
Is this the beginning of a significant recovery for Arbitrum? Watch closely and share your insights!
Key observations:
RSI is recovering from oversold territory, signaling bullish momentum.
Critical resistance at $0.7756 could trigger a breakout.
Projection aligns with previous highs, targeting $2 in the medium term.
Is this the beginning of a significant recovery for Arbitrum? Watch closely and share your insights!
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