$ARB Analysis*

- *Current Price:* $1.1849

- *Range-bound Movement:*

- Range Low: $1.1362 (recent support)

- Range High: $1.2596 (recent resistance)

- *Bullish Breakout Potential:*

- A decisive close above $1.2596 could ignite a bullish rally, with potential targets at:

- $1.3000 (Fibonacci extension level)

- $1.3200 (next resistance level)

- For bullish entries, traders might consider buying around: $1.1779 (EMA level)

- *Bearish Breakdown Scenario:*

- A sustained drop below $1.1362 could trigger a selloff, with potential support zones at:

- $1.1000 (Fibonacci retracement level)

- $1.0800 (major support level)

- For bearish entries, traders might consider selling around:$1.1362 (breakdown level)

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