📊 Weekly Analysis of ARB (Arbitrum) Stock - Continuous Reversal 🚀
The ARB stock has broken through a bearish pattern on the weekly timeframe, which is a traditional bullish reversal pattern.
The breakout above the resistance zone at $0.40-$0.45 indicates strong buying interest, especially after a long accumulation.
📌 Key Levels to Watch:
✅ First Trading Level: $0.7350
✅ Second Trading Level: $0.9998
✅ Third Trading Level: $1.2386
The risk-to-reward ratio is very favorable here, especially if the price maintains the breakout level.
🛑 Suggested Stop Loss: Below the support area at $0.30
🔍 Upside Potential: More than +390% from the bottom to the third trading level
