$ARB
๐ฅ arb might dump, rising widget pattern at chart ๐ฅ
๐ฅ ARB is looking spicy on the surface, but beneath the hype lies a dangerous setup โ the classic rising wedge (aka rising widget) that's been the executioner of countless pumps. If you're thinking about jumping in now, itโs time to double-check that chart. This setup is loaded with fake hope and fast dumps.
๐ The recent upward move on ARB looks bullish at first glance. Higher highs, higher lows โ sounds like a textbook climb, right? Wrong. Itโs grinding upward within a narrowing wedge, and thatโs a bearish trap in disguise. Weโve seen this pattern countless times: market tempts the bulls, then rug-pulls them into the abyss.
๐ The volume is giving off major warning signals. As the price pushes up, volume is fading. That divergence is the death rattle of fake rallies. Bulls are pushing, but no oneโs backing them โ no fuel, just fumes. When this wedge snaps, it's not going to be gentle.
๐ Zoom into the order book, and you'll see heavy sell walls forming near key resistance. Smart money is loading the exits. Meanwhile, indicators are starting to roll over. RSI is flirting with overbought territory. MACD is bending down, hinting at a bearish crossover. Thatโs not momentum โ thatโs early panic signals.
โ ๏ธ Every time ARB has shown this type of pattern, itโs ended with a dump through support, catching overconfident longs off guard. And if youโre seeing green now, donโt let it fool you. This isnโt strength โ itโs exit liquidity for whales.
๐งจ Any short-term pump from here is likely the last dance before collapse. The wedge is tight, and breakout space is limited. Once the pressure breaks โ boom โ ARB could fall straight through the floor.
๐ฃ Bulls, donโt sleep โ and donโt chase. Bears, this might be your moment. Let the chart talk. Rising wedges don't forgive. If this plays out like it usually does, ARB's about to take a sharp ride down.