$ARB
Ranging in High R:R Zone – Breakout Targets at $1/$2/$5
🔹 Trend: Macro downtrend intact, price rejected from descending trendline multiple times.
🔹 Current Drawdown: ~84% from ATH – indicating deep retracement and potential reaccumulation phase.
🔹 Structure: Price consolidating within a defined accumulation range between $0.30–$0.40. Demand is stepping in near range lows with wicks indicating buyer absorption.
Breakout Condition:
→ HTF (weekly) close above $0.48 with strong volume = structural breakout
→ Confirmed breakout above range high + trendline = bullish market structure shift
Upside Targets: $1.00 → $2.00 → $5.00
Invalidation Zone:
→ Clean HTF close below $0.24 = invalidation of accumulation thesis
→ Until then, dips into demand remain buy zones; invalidation only triggered on structural breakdown
R/R Outlook:
→ Wide stop, but multi-x reward setup
→ Favorable for long-term positional entries with defined HTF structure
Accumulation evident in key weekly demand zone. Break above $0.48 = trigger for bullish continuation structure. Until then, watch for HTF sweep + reclaim setups and volume confirmation.
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