📉 *#ARB (Arbitrum) Is Setting Up for a Bullish Breakout* 🔍💥

ARB has been trading inside a *descending channel* on the daily chart — a pattern that often signals a *potential reversal* once the downtrend weakens 🔄📉➡️📈

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🔍 Current Setup:

✅ *Bounce from Midline Support* — Price held at a critical support area and is now showing *early signs of recovery*

✅ *MA 100 Acting as Resistance* — A breakout above the 100-day moving average would signal *renewed momentum*

✅ *Channel Resistance at0.35* — If bulls reclaim this level, the breakout becomes more *technically confirmed* 🚀

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🎯 Short-to-Mid Term Targets (if breakout holds):

1. *0.42* — First key resistance

2. *0.50* — Psychological level and prior support

3. *0.66* — Top of last mini rally

4. *0.83* — Strong resistance from earlier cycle

5. *1.15* — Potential target in full bullish continuation

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🧠 Market Outlook:ARB is a *strong Layer 2 player* with high ecosystem activity. Fundamentals remain solid despite price weakness. The current technical setup looks *similar to pre-breakout zones seen in 2023* 📈

📊 *Watch for volume spike* and a clean break above MA 100 to confirm the move.

🔥 *Altseason is loading — and $ARB could be one of the early movers once dominance cools down.*

$ARB

$XRP

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