<ul><li>ARB, the native token of the Arbitrum network, has shown a strong bullish inverse head and shoulders pattern on its daily price chart.</li><li>The coin is currently trading around a key support zone of $0.38–$0.40, where the breakout occurred and is supported by the 50-day EMA and 100-day SMA.</li><li>A bounce from the current support level could confirm the breakout strength and lead to a potential rally towards the recent high of $0.48.</li><li>However, a significant drop below $0.38 may invalidate the bullish setup and indicate a potential trend reversal.</li></ul>

Arbitrum (ARB) Consolidates After Breakout: Is a Fresh Rally Imminent?

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