Arbitrum (ARB) Weekly Losses Mask Building Stability: Bulls Target $1.10 Breakout

Layer-2 token ARB absorbs weekly pressure, but the foundation firms for a bullish assault.

The Consolidation Play

Forget the red on the weekly chart. The real story for Arbitrum is unfolding beneath the surface. While short-term traders flinch at losses, the network's metrics whisper a different tale—one of quiet accumulation and tightening technical ranges. It's the classic setup: weak hands exit, strong hands enter, and volatility compresses before the spring.

Target Locked: The $1.10 Gateway

The bulls aren't just hoping; they're plotting. The $1.10 level isn't a random number—it's the next major resistance gate. A decisive break above it signals a potential regime shift, opening airspace for a more sustained rally. Every dip that holds support adds another brick to the runway for that launch. It's a game of patience, played by those who understand that in crypto, stability often breeds the most explosive moves.

The Cynic's Corner

Of course, watching a chart coil like a spring is a favorite pastime for analysts who'd rather draw lines than admit half this market moves on vibes and VC unlocks. But sometimes, even a broken clock is right twice a day.

So, keep one eye on those weekly losses and the other on the horizon. When consolidation ends, it doesn't whisper—it roars. The question for ARB isn't if, but when.

Arbitrum Falling Wedge Structure Near Crucial Support

ARB continues to trade inside a long-term falling wedge, a historically bullish reversal structure when confirmed. The price has again touched the wedge’s lower boundary NEAR the $0.18–$0.20 zone, showing slower downside momentum and potential accumulation. This region has previously triggered strong rebounds, indicating sellers may be losing strength while buyers cautiously react.

Assuming these support levels hold, ARB can initiate the recovery process to the initial point of resistance at $0.30-$0.35, followed by the more significant supply-level at $0.48-$0.55 near the wedge line of resistance. A successful breakout of the wedge formation with an increasing volume of transactions can lead to the macro-level recovery at $0.75 and $1.10.

However, the structure remains sensitive. A failure to protect the wedge support may RENDER the bullish pattern irrelevant. A break below $0.17 would weaken the pattern and bring opportunities for the price to fall even further. Until a bullish breakout is realized, the price movement may remain range-bound. ARB is currently at the critical make-or-break level.

RSI And MACD Indicate Sustained Momentum Pressure

The RSI value of 32.86 is below its moving average of 38.33, which brings it close to the oversold region. The reduced momentum in the RSI, along with the slowing down of the fall, provides some hope of stabilization, although confirmation of the pullback or reversal phase has yet to come.

The MACD is below zero, and the MACD line is below the signal line, with the red histogram indicating a bearish market in the weekly chart. The histogram is contracting slightly, and this indicates that the selling pressure might be diminishing without any indication of a bullish crossover.