🚨 ARBITRUM ( $ARB ) Setup🚨
I've spotted a Double Bottom forming on the weekly timeframe for $ARB — and that’s a seriously bullish pattern. 📈
If ARB breaks above the $0.46 level on the daily or weekly close, the upside potential is massive.
🎯 My initial target: $0.60 to $1.00
And if momentum continues, we could go even higher.
✅ Entry: Around $0.33 (still holding)
📉 Stop Loss: Soft SL at breakeven
📊 Bias: Bullish until the breakout confirms
Why so bullish?
ARB is part of the Ethereum ecosystem, and as capital begins flowing heavily into $ETH, its ecosystem coins like $ARB will benefit massively. It’s built to scale Ethereum, and when ETH pumps — ARB usually follows.
This is my top watch among Ethereum-based altcoins right now.
Liquidity is building right at the breakout zone — if it pops, it can run hard.
Keep an eye on this one.
This could be a game-changer.