ARB/USDT β€” Retesting the Golden Pocket Before the Next Big Move?

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ARB/USDT β€” Retesting the Golden Pocket Before the Next Big Move?Arbitrum/TetherOKX:ARBUSDTCryptoNuclear πŸ“ Key Summary: Arbitrum (ARB) is currently consolidating within the Fibonacci golden pocket (0.445–0.471), which also acts as a major demand zone. This area will decide whether ARB can continue its bullish phase toward the psychological $1+ levels, or fail to hold and revisit deeper supports. --- πŸ” Price Structure & Key Patterns 1. Accumulation / Demand Zone (0.445–0.471): This zone is a confluence of Fibonacci 0.5–0.618 and a strong historical support-resistance flip. Holding this level keeps the mid-term bullish case alive. 2. Higher Low Formation Since June: From the 0.242 bottom, ARB has started forming higher lows, suggesting a potential transition toward a healthier uptrend. 3. Rejection at Supply Zone (0.62–0.63): The latest rally was rejected here, confirming strong selling pressure. A clean breakout above this zone will be a key signal for a larger rally. 4. Wide Trading Range: ARB is still ranging between 0.24 (low) and 1.23 (high). The current price sits in the lower-mid range, making this a high-interest zone for medium-term investors. --- πŸ“ˆ Bullish Scenario βœ… Conditions: Price holds above 0.445–0.471 (2D bullish close + volume confirmation). ➑️ Upside targets: First resistance: 0.6266 Next: 0.7148 β†’ 0.9197 β†’ 1.0317 β†’ 1.1695 β†’ 1.2392 (previous high) πŸ“Œ Note: A breakout above 0.63 with strong volume could trigger a multi-week swing rally. --- πŸ“‰ Bearish Scenario ❌ Conditions: 2D close below 0.4458 + strong selling volume. ➑️ Downside targets: 0.35 (intermediate support) 0.2420 (multi-month low / extreme demand zone) πŸ“Œ Note: Losing the golden pocket usually signals that the market isn’t ready for a bullish trend, raising the risk of retesting previous lows. --- 🧭 Trading Approach Conservative: Wait for a 2D bullish rejection above 0.47 β†’ long entry, stop below 0.445, first target 0.6266+. Aggressive: Partial long entries at current levels, adding more upon bullish confirmation. Short setup: Valid on breakdown below 0.445 β†’ target 0.35, extension to 0.24 if selling persists. Always apply risk management (RR β‰₯ 1:2), scale out at resistance levels. --- πŸ“Œ Conclusion ARB is currently sitting at the key decision zone (Fibonacci golden pocket 0.445–0.471). If this zone holds β†’ bullish bias toward 0.63 up to 0.92+. If this zone breaks β†’ bearish bias toward 0.35 and potentially 0.24. Traders should wait for candle + volume confirmation before committing, as this level could mark a major turning point in ARB’s mid-term trend. --- #ARB #ARBUSDT #Arbitrum #CryptoAnalysis #PriceAction #SupportResistance #Fibonacci #CryptoTrading #Altcoins #SwingTrade