MyCryptoParadise_Simon

ARB/USDT upward momentum descending resistance breakout ahead?

Long
BINANCE:ARBUSDT   ARB / TetherUS
💎 Paradisers! Keep an eye on #ARBUSDT as it displays strong indications of a bullish continuation from the demand zone after a breakout from descending resistance.

💎 Our meticulous analysis of the price action reveals that $ARBITRUM is poised to breach descending resistance. Should it successfully do so and sustain momentum above the EMA 100, we anticipate a robust bullish advance targeting the next supply area.

💎 The bullish journey is expected to commence once the price clears the supply area and maintains its momentum. However, it’s critical to prepare for other possibilities: if ARB fails to surpass the descending resistance and starts to decline, we could see a bullish rebound from a lower support zone. Yet, a drop below this zone could negate the bullish outlook, potentially leading to further price drops.

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