$ARB ARB/USDT – Daily Trendline Break | Target: 2.40 🚀🔥
What’s up traders 👋
ARB (Arbitrum) is finally showing signs of life. After being suppressed under a long-term descending trendline, we’ve got a confirmed breakout on the daily chart — and that’s the signal we’ve been waiting for.
📉 Downtrend Broken – Momentum Shift in Motion
For weeks, ARB’s been stuck in a slow grind down — lower highs, lower lows, rinse and repeat. But that structure is now broken.
Price has closed above the daily trendline
Volume is starting to tick up
Candles are printing strong bodies, not just wicks — that’s a shift in sentiment
This isn’t just a bounce — it’s a potential reversal.
🎯 Trade Setup
Entry: At or around current levels (post-breakout)
Target: $2.40 — a major resistance zone and previous range top
Stop Loss: $0.23 — deep, but protects against daily shakeouts and confirms invalidation if hit
Yes, the stop is far — but that’s the price of playing a high-timeframe trend reversal. This is a position trade, not a scalp.
📌 Why It Matters
Daily trendline breaks don’t come often — and when they do, they usually mean business
Arbitrum is a major Layer 2 project — when the market turns, L2s tend to run hard
A reclaim of structure combined with bullish sentiment could fuel a strong move
💬 Are You Riding This Wave or Waiting on Retests?
Let’s talk setups — and if you’re in this trade, how are you managing risk?
#ARBUSDT #Arbitrum #Altcoins #CryptoTrading #DailyBreakout