Technical analysis by MAAwan about Symbol ARB: Buy recommendation (5/9/2025)

ARB/USDT – Daily Trendline Break | Target: 2.40 🚀🔥What’s up traders 👋ARB (Arbitrum) is finally showing signs of life. After being suppressed under a long-term descending trendline, we’ve got a confirmed breakout on the daily chart — and that’s the signal we’ve been waiting for.📉 Downtrend Broken – Momentum Shift in MotionFor weeks, ARB’s been stuck in a slow grind down — lower highs, lower lows, rinse and repeat. But that structure is now broken.Price has closed above the daily trendlineVolume is starting to tick upCandles are printing strong bodies, not just wicks — that’s a shift in sentimentThis isn’t just a bounce — it’s a potential reversal.🎯 Trade SetupEntry: At or around current levels (post-breakout)Target: $2.40 — a major resistance zone and previous range topStop Loss: $0.23 — deep, but protects against daily shakeouts and confirms invalidation if hitYes, the stop is far — but that’s the price of playing a high-timeframe trend reversal. This is a position trade, not a scalp.📌 Why It MattersDaily trendline breaks don’t come often — and when they do, they usually mean businessArbitrum is a major Layer 2 project — when the market turns, L2s tend to run hardA reclaim of structure combined with bullish sentiment could fuel a strong move💬 Are You Riding This Wave or Waiting on Retests?Let’s talk setups — and if you’re in this trade, how are you managing risk?#ARBUSDT #Arbitrum #Altcoins #CryptoTrading #DailyBreakout #TrendlineBreak #SwingTrade #PriceAction #BullishSetup