Arbitrum (ARB) Breaks Descending Trendline After 96% Crash: Analyst Eyes 7400% Return to $5+ – Blockonomi
TLDR: ARB has dropped 96.36% from its all-time high, now trading at $0.12 after a prolonged descending channel. A liquidity sweep below dynamic support confirmed capitulation, triggering a 57% rally from the $0.07–$0.095 demand zone. Bullish structure remains valid only if ARB reclaims and holds above $0.27; a breach of $0.065 invalidates the setup. Analyst…