Lingrid | ARBUSDT buying OPPORTUNITY in Consolidation ZONE

market is currently consolidating around the 0.7000 price level. Trading below the downward trendline, and break above this may signal a potential end of pullback in the market. A similar pattern has been observed in other markets, where the markets made fake breakout of the December low saw. In this scenario, I anticipate the market may dip below the formed range before rebounding from the support level and channel border. Notably, the market has already made a significant 60% retracement since its bullish trend witnessed in November 2024. My goal is resistance zone around 0.8000

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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