$ARB Update 🧵

Price consolidating in a key accumulation range ($0.30–$0.40) after ~84% drawdown 📉

🔹 Repeated rejections from macro trendline

🔹 Buyers stepping in near range lows

🔹 Breakout trigger = Weekly close above $0.48 🔓

🎯 Targets post-breakout:

→ $1.00 → $2.00 → $5.00

❌ Invalidation: HTF close below $0.24

High R:R setup for long-term entries — wait for volume + structure confirmation.

#Arbitrum $ARB $BTC #crypto