ARB 4H – Sharp Pullback Into Rising Trendline & Horizontal SuppoARB / TetherUSBINANCE:ARBUSDTBKVIPARB on the 4H timeframe is currently trading around 0.1245 after a significant pullback from the recent high near 0.1450 that has brought price all the way back down toward the rising trendline from the late March lows, which has been the macro support for this entire structure. Price is now sitting at the confluence of the rising trendline and a horizontal support zone near 0.1230–0.1250, which was a key resistance level throughout the April consolidation that has now flipped to potential support. This is the most significant test of the structure since the breakout run began. Key Levels To Watch 0.1450 → Recent high, key resistance above 0.1350–0.1380 → Prior support zone, now resistance above 0.1270–0.1310 → Prior consolidation area, now resistance 0.1230–0.1250 → Horizontal support confluence zone, current test 0.1150–0.1190 → Rising trendline support (dynamic, climbing) Below 0.0858 → Full structure breakdown The rising trendline has been the backbone of this entire move since late March and is now converging directly at current levels alongside the horizontal support zone, creating a high-interest confluence area. A hold above 0.1230 and a recovery back above 0.1270 would keep the bullish structure intact and set up a potential recovery toward 0.1350–0.1380. A break below 0.1230 and loss of the horizontal support would shift focus to the rising trendline near 0.1150–0.1190 as the next key defense. Loss of both levels would be a significant structural breakdown. This is a key confluence test after a sharp pullback. Hold 0.1230–0.1250 → structure intact, eyes on 0.1350–0.1380 recovery. Lose 0.1230 → trendline at 0.1150–0.1190 becomes next key test. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.