Arbitrum (ARB): Bullish Trend | Good Risk:Reward Setup!

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Arbitrum is hovering near a bullish trend where, despite being close to a bearish CME gap, we are looking for a proper bounce from here.

We are waiting for more bullish signs here and once we see them, we are going to aim to see the EMAs broken, after which we will be going long up until the local high, which is also a major resistance zone on bigger timeframes currently.

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