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#ARPA CONTINUES TO RESPECT THE 4H ASCENDING CHANNEL
Price bounced cleanly from the lower trendline and the recent pullback was absorbed by demand at channel support, showing buyers are still defending the structure. As long as price holds above the 0.0125 area, continuation toward the mid channel and upper resistance remains the favored path. A decisive break below the lower trendline would invalidate the bullish structure and shift risk to the downside.