ARBUSDT at a Crossroads: Breakout or Rejection Incoming?
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Yello, Paradisers! Is ARBUSDT gearing up for a breakout, or will it face rejection? Let’s break it down.
💎#ARBUSD is currently testing a major descending trendline while hovering above key support zones at $0.4246. Buyers are showing strength, but the resistance ahead could dictate the next move.
💎If #Arbitrum breaks out and closes above the trendline and 200 EMA with strong volume, it will confirm a bullish push toward the supply zone at $0.4604 - $0.4946. This would signal a shift into a markup phase, with momentum favoring the bulls.
💎 If the price consolidates or struggles at resistance with weak volume, it could indicate hesitation. In this case, sideways movement or a rejection could follow, meaning it's best to wait for clearer confirmation before entering a trade.
💎If #ARB fails to break the descending resistance and closes below the demand zone at $0.4047, the bullish setup is invalidated, and further downside becomes the next likely scenario, aligning with the broader downtrend.
Discipline and patience win the game, Paradisers! If the breakout happens with strong volume, we strike. If hesitation or rejection appears, we wait. No need to force trades we move when the market moves.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.