š„ Arbitrum (ARB) at the Edge ā Will Bulls Defend or Will Bears Take Over? š„
Arbitrum (ARB) is standing at the edge of a cliff ā and the next move could decide everything. After weeks of relentless decline, the token now clings to a critical support level, the kind of price floor that separates a breakdown from a breakout. Market watchers are holding their breath as ARB flirts with this threshold, a line that could ignite an explosive bullish reversal if defended ā or trigger a cascade lower if lost. The tension is thick, the charts are screaming, and the clock is ticking.
The battle lines are clear. At $0.51 lies a fortress of resistance, a level that has rejected every attempt to break through ā and with each failure, the pressure has mounted. A potential double-bottom pattern lurks beneath the surface, but itās only a ghost until $0.51 is shattered with real volume. Beneath the current price, the Point of Control and the 0.618 Fibonacci level form a crucial safety net, the last stronghold for bulls to anchor a higher low. ARBās range between $0.26 and $0.51 remains the chessboard, but the next move will decide the game: hold the line and fuel a reversalā¦ or lose it all to the bears circling below.