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$ARB – Key Support Test with Potential Bounce
$ARB is currently testing a critical support zone around $0.43, showing signs of consolidation after a strong upward move earlier in the year. The price has pulled back to this level, which has held as support in the past, making it an important area for a potential bullish bounce.
The key resistance level to watch is at $0.5740, where the price previously faced rejection. A breakout above this resistance could lead to a move toward $0.6245, the next target on the upside.
📈 Target Levels:
Support: $0.43
Resistance: $0.5740
Potential target: $0.6245
A solid bounce from the support level and a confirmed breakout above $0.5740 would signal a continuation of the bullish trend. Volume and momentum during the breakout will be key for confirmation.
