Technical analysis by SwallowAcademy about Symbol ARB on 5/19/2025

Arbitrum has reached a major area at 200EMA, where after a decent roller coaster ride we had. Now that we are approaching, we are waiting for either a proper breakout or a bounce from this area, which would give us the next direction of the ARB. So for now we wait, wait for a breakout or bounce (MSB or BOS).Swallow Academy