$ARB Update 🚨

Chart Analysis (1H Timeframe - ARB/USDT)

1. Pattern & Structure

Descending Triangle Formation:

Price lower highs bana raha hai (blue descending trendline).

Strong support zone horizontal hai (green box around ~0.3180-0.3190).

Yeh pattern usually bearish hota hai, lekin breakout dono directions mein ho sakta hai.

2. Support & Resistance Levels

Support Zone: ~0.3127 - 0.3190

Price is zone mein multiple times bounce kar chuka hai.

Immediate Resistance: ~0.3320

Pehle breakdown hua tha is level se; ab wapas aana mushkil ho sakta hai.

Major Target Zone (Take Profit): ~0.3397 - 0.3398

Yeh level last consolidation range ka high hai (blue line).

3. Trade Setup (Based on Chart)

Entry: Current price around 0.3190

Stop Loss (SL): Below support at 0.3127

Take Profit (TP): Around 0.3397

Risk-Reward Ratio: Excellent (Approx. 1:3+)

Risk: ~0.0063

Reward: ~0.0207

4. Candlestick Behavior

Multiple small-bodied candles with long wicks near support zone suggest accumulation.

Bears are failing to break support convincingly — potential for reversal.

5. Volume & Momentum (Not visible but assumed)

Volume drop during consolidation phase suggests low conviction from sellers.

A breakout from descending trendline (blue) with volume can confirm long setup.

Conclusion

Bullish Bias as long as price holds above 0.3127 support.

Breakout Confirmation: If price closes above descending trendline and 0.3220 zone.

Risk Management: SL tightly maintained to avoid extended drawdown.

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