#Arbitrum
📈 Arbitrum ($ARB ): Is this just the beginning?
Analysts predict a continuation of the rally
After a grueling multi-month downtrend, Arbitrum seems to have finally found a bottom and is preparing for a serious comeback. Despite local dips, the technical picture looks increasingly confident.
🔍 What's happening on the chart?
• Trend break: ARB has established itself above the 21-day moving average (MA) for the first time in a long time, which had previously acted as a "ceiling" for the price for months.
• Divergence: While the price was updating lows around $0.098, momentum began to increase. This is a classic signal that the selling pressure has been exhausted.
• Healthy correction: Renowned analyst Michaël van de Poppe notes that pullbacks of 10-20% now are just a "breathing" of the trend, not its reversal.
🛡 Key Levels
• Support Zone: As long as the price holds above $0.118 – $0.122, the bullish structure remains in place.
• Reversal Point: A drop below $0.098 will invalidate the recovery scenario and return the market to the bearish phase.
🚀 What’s Next?
If the structure holds, we’re in for a “wave” recovery. It won’t be a rocket ship, but rather a series of confident pullbacks with planned retests. It’s important to remember that early phases of altcoin recoveries typically last several months, so we may only be at the beginning.
