📶 #ARB is painting a textbook setup
Earlier I noted a bullish wedge forming on Arbitrum’s daily timeframe. That pattern is still valid, but the overall roadmap out of the correction has been refined.
After breaking out of the wedge, the token moved into an accumulation phase 📈, trading between two key levels: support near ~$0.27 and resistance near ~$0.49.
💁♂ This is the classic sequence for this coin: bullish wedge breakout → sideways consolidation in a horizontal channel → eventual breakout to the upside.
👑 #ARB