ARB Breakout Alert! Key Levels to Watch for Bullish Continuation
2024-09-28

Yello, Paradisers! Did #ARBUSDT just break out of a major bullish pattern, or are we about to see a reversal? Let's dive in!

💎#ARB is currently showing strong bullish momentum after a successful breakout of the Adam & Eve pattern, confirmed by a solid green candle. However, before heading to our target resistance at $0.636, we might see a quick retest of the previous resistance (now turned support) around $0.636. If this support holds, ARB could continue its upward trajectory, aiming for the maximum target of the pattern.

💎If ARB fails to rebound from the $0.636 support and breaks down further, this could indicate a potential fakeout. In such a scenario, the next key level would be the $0.585 demand zone. A bounce from this level is crucial to reclaim $0.636 and continue the bullish momentum. If not, the bullish scenario will become invalid, and we could see a deeper correction.

💎If the price breaks below $0.585 without showing strength, it’s a clear signal to cut the position and wait for a more favorable setup. Bullish invalidation would be confirmed, and further downward movement is likely.

Stay focused, patient, and disciplined. It’s all about following the strategy, not the emotions. 

MyCryptoParadise
iFeel the success🌴