📊 $ARB (Arbitrum) Weekly Analysis – Reversal in Progress 🚀
ARB has broken out from a falling wedge on the weekly timeframe – a classic bullish reversal pattern.
The breakout above the resistance zone around $0.40–$0.45 suggests strong buying interest, especially after a long accumulation.
📌 Key Levels to Watch:
✅ T1: $0.7350
✅ T2: $0.9998
✅ T3: $1.2386
The risk-reward ratio is highly favorable here, especially if the price sustains above the breakout zone.
🛑 Stop-loss suggestion: Below $0.30 support area
🔍 Potential upside: Over +390% from bottom to T3