$ARB

Arbitrum (ARB) Faces Bearish M Pattern ⚠️📉 | Sellers Apply Pressure 🐻🔻

Arbitrum (ARB) is showing signs of weakness as a bearish M pattern forms on the charts 📊⚠️. This technical setup often signals a potential reversal after an uptrend, with sellers regaining control and momentum shifting away from the bulls.

📏 The M pattern structure is becoming clearer — two sharp peaks 🗻🗻 separated by a shallow dip, followed by a failure to reclaim previous highs. This indicates that buyers have lost strength, allowing sellers to take over. If ARB breaks below the neckline support 📉🔑, a stronger downside move could follow.

💼 Technical indicators support the bearish scenario. RSI is slipping lower 🎯🔻, showing reduced buying pressure, while MACD is nearing a bearish crossover 🔄🚨. Volume patterns reveal higher red bars 📊🟥 during sell-offs compared to green bars on rallies, reinforcing the idea of growing selling momentum.

On-chain activity adds to the caution. Exchange inflows are increasing 📈🏦, suggesting that traders are moving ARB into centralized platforms — often a prelude to selling. Whale wallets 🐋📦 have reduced positions, a move previously seen before pullbacks in BTC 🪙⚡, ETH 💎📊, and SOL 🏎️🔥.

💬 Community sentiment is mixed. While some loyal holders remain optimistic 💬💎, many traders on X (Twitter) are posting cautionary charts 📉🚨, warning about the potential breakdown from the M pattern. Hashtags like #ARB and #Arbitrum are still active, but the tone has shifted toward risk management and defensive positioning 🛡️📊.

⚡ Analysts warn that if ARB confirms the M pattern with a decisive neckline break, further downside could open toward lower support levels 📏⬇️. Short-term traders may look for bearish entries 🛒🔻, while long-term holders will watch for signs of recovery before adding positions.

🐻 The bearish M pattern setup should not be ignored. It’s a classic technical signal that momentum has shifted.