Technical analysis by LemonBrazers about Symbol ARB: Buy recommendation (1/17/2025)

WHY DO I EXPECT OUTPERFORMANCE GROWTH IN ARBITRUM ?1. Price has made the mirror accumulation level test twice and got a defensive buyer reaction 2. This test was made without an equivalent volume of sellers - a bullish signal3. During the repeated test on 14.01, the price of 0.66 was confirmed by an additional concise bullish divergence between volume and price and an additional shadow of liquidations EXPECTATIONS : Short-term move to 0.92, then to 1.04 and 1.23