$ARB — Descending Triangle, Defended Base Under Pressure
Late longs sitting near 0.145 may be the ones who get squeezed here. 📉
Price is compressing inside a descending triangle on the 4H. The highs keep getting sold, the base at 0.125 keeps getting tested. That's not accumulation — that's a structure slowly bleeding out its buyers.
Right now $ARB is sitting near 0.145, which is both the current price and the rejection zone. Candles are tightening up, momentum is fading, and the pressure is building on the downside. 🎯
Key levels are simple:
Upside trigger — a clean close above 0.145 shifts the near-term read. That's where the structure proves the bears wrong.
Downside invalidation for bulls — lose 0.125 and the defended base is gone. That's the level that would confirm the triangle resolves bearish and opens lower ground. 🧨
The crowd holding for a bounce near the lows is the liquidity the triangle is pointing at.