📉 Overview:
Since its all-time high, ARB has dropped nearly 90%, continuing to move inside a well-defined descending channel.
Currently, we’re seeing another phase of consolidation forming just under the midline of that channel.
📌 Trade Setup:
▪️ A partial entry is already possible at current levels.
▪️ Keep in mind: price may revisit the $0.25 zone, potentially forming a double bottom — a strong technical base for a long setup.
▪️ If price skips the retest and instead breaks and holds above $0.46, the remaining capital can be used to join the breakout from the channel’s core.
🧠 Everything depends on your strategy and risk management. This isn’t financial advice — just a map for a possible direction worth tracking.
🧱 Market Sentiment:
Sentiment remains bearish, with many holders still trapped above $1 — a pattern similar across most L2 tokens.
🎯 We don’t guess. We listen to price and react accordingly.
Since its all-time high, ARB has dropped nearly 90%, continuing to move inside a well-defined descending channel.
Currently, we’re seeing another phase of consolidation forming just under the midline of that channel.
📌 Trade Setup:
▪️ A partial entry is already possible at current levels.
▪️ Keep in mind: price may revisit the $0.25 zone, potentially forming a double bottom — a strong technical base for a long setup.
▪️ If price skips the retest and instead breaks and holds above $0.46, the remaining capital can be used to join the breakout from the channel’s core.
🧠 Everything depends on your strategy and risk management. This isn’t financial advice — just a map for a possible direction worth tracking.
🧱 Market Sentiment:
Sentiment remains bearish, with many holders still trapped above $1 — a pattern similar across most L2 tokens.
🎯 We don’t guess. We listen to price and react accordingly.
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