ARCUSDT - Bullish Breakout Confirmed ARC has been trading in a well-defined descending channel for several weeks, forming a consistent downtrend. However, the price has now broken out of the channel resistance, signaling a potential bullish reversal.
Descending Channel Breakout: ARC has clearly broken above the channel’s upper trendline, indicating a shift in market structure from bearish to bullish.
Resistance Zone Flipped: The price broke through a recent horizontal resistance zone.
EMA: ARC is now trading above both the 50 EMA and 100 EMA,