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TECHNICAL ANALYSIS $ARB

1. Main Structure:

Inverted Cup: The descending curve has formed a semi-circle structure, often associated with a bullish reversal formation.

Neckline (or resistance): Marked at the top, around 1.20-1.24 USDT, it plays a role of important resistance. A break above will validate the bullish movement.

2. Potential bullish objective:

The distance between the bottom of the cup (around 0.60 USDT) and the neckline is projected upwards after the breakout.

Theoretical objective: around 2.01 USDT, as illustrated by the blue arrow.

3. Support zones:

An intermediate support zone is located around 0.80 USDT, which corresponds to a strengthening phase.

Another strong support area is noted below around 0.60 USDT.

4. Key Signals:

Bullish Confirmation: If price clearly breaks the neckline (1.24 USDT) with significant volume.

Invalidation: If price returns below 0.80 USDT with a strong rejection.

If the break of the resistance around 1.24 USDT occurs, the bullish target would be around 2.01 USDT, representing a significant upside potential. However, vigilance is needed around intermediate support areas.