ARB 8H – Trendline Bounce Into Descending Resistance

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ARB 8H – Trendline Bounce Into Descending ResistanceARB / TetherUSBINANCE:ARBUSDTBKVIPARB on the 8H timeframe is currently trading around 0.0890 after a prolonged sell-off from the May highs near 0.1500 that pushed price all the way to a low near 0.0745 before the rising trendline from the June lows stepped in and produced a recovery. Price has since bounced from the trendline and is now pressing toward the 0.0860–0.0890 horizontal resistance zone while the descending resistance trendline from the May highs continues to press down from above, now sitting near 0.0980–0.1000. The structure remains bearish overall but the trendline bounce is the first sign of potential stabilization. Key Levels To Watch 0.1500 → Prior high, major resistance above 0.1100–0.1150 → Prior support zone, now resistance 0.0980–0.1000 → Descending resistance trendline, overhead ceiling 0.0860–0.0890 → Horizontal resistance, current test 0.0820–0.0840 → Minor support, prior consolidation zone 0.0780 → Rising trendline support (dynamic, climbing) Below 0.0745 → Trendline low, new lows if lost The rising trendline has provided the first meaningful floor since the May sell-off began and the current push toward 0.0860–0.0890 is the first real resistance test of the recovery. A clean break and hold above 0.0890 would open room toward the descending resistance trendline near 0.0980–0.1000, which is the key level that must be cleared for any structural shift. Failure to hold above 0.0860 and a return toward the rising trendline near 0.0780 would keep the bearish structure intact. This is a key first resistance test after the trendline bounce. Break above 0.0890 → recovery continues, eyes on 0.0980–0.1000. Reject at 0.0890 → back toward trendline at 0.0780. Bearish dominant below descending resistance. Structure only shifts on confirmed break above 0.0980–0.1000.