ARBUSDT Shows Weak Recovery After Range Loss
$ARB recently lost its consolidation support near 0.105 and expanded downward into the 0.095 liquidity zone, confirming a structural breakdown. The current upward movement appears to be a corrective rebound into former support, which now acts as resistance. Overhead supply remains concentrated between 0.118 and 0.122, capping bullish attempts.
Unless price can reclaim and hold above this region, technical structure continues to favor downside continuation and potential retest of recent lows. The transition from range to downtrend is characterized by lower highs and increased bearish momentum.
Only a decisive recovery back into the prior range would negate the bearish scenario currently implied by price action.