Arbitrum (ARB): Ideally We Should Breakout | Logically BreakdownArbitrum/USD Tether Perpetual ContractBINGX:ARBUSDT.PSwallowAcademyARB keeps doing the same thing over and over again. Every attempt to push above the 200 EMA gets rejected, and right after that we see a break of local lows followed by another sellside move. If history repeats, the next thing we should see is one more sweep of local lows with a smaller continuation to the downside. That said, the only thing that matters for a real shift is the 200 EMA. As long as price stays below it, downside extensions remain possible. Once buyers manage to break and hold above the 200 EMA, the buyside move that follows should be a solid one. Until then, we let price show its hand. Swallow Academy