$ARPA is still clean inside its ascending channel on 4H, and buyers just defended the lower trendline again.



I’m watching that pullback because it didn’t fall apart, it tapped demand near channel support and bounced like it meant it. That tells me the structure is still in control, not the sellers.

Key level is 0.0125. As long as price holds above it, the path of least resistance stays up. First, a push back to the mid channel, then the real test at the upper channel resistance. If momentum shows up there, it can get sharp fast.

Invalidation is simple too. A clean break below the lower trendline kills this bullish setup and flips the risk to the downside.
ARPA-0.59%
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