$ARB /USDT Technical Analysis 🚀

#ARB /USDT is trading within an upward channel pattern and is currently consolidating near the 0.618 Fibonacci retracement level, suggesting a potential bullish reversal. Key targets include:

1️⃣ $1.2701 – First target if momentum builds above current levels.

2️⃣ $1.4946 – Second target aligning with mid-channel resistance.

3️⃣ $1.7145 – Final target if a strong breakout occurs, indicating an extension of the trend.

The key support lies at the $0.9647 zone and extends to $0.8008 at the 0.786 retracement.

A confirmed bounce from support signals a long opportunity with stop-loss below $0.8008 and targets at resistance levels for a favorable risk-to-reward ratio. 📈