ARB's 4H rounded top broke, the neckline can't be reclaimed, rebounds just fuel the shorts, I'm out of here.

ARB0.19%
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ELIX
$ARB has shifted into a bearish structure after confirming a rounding top breakdown on the 4H chart. Price is holding below the neckline, while both the 9 EMA and 50 SMA continue to act as dynamic resistance.

Unless $ARB reclaims the breakdown level, momentum remains in favor of the bears. For now, rallies look more like opportunities to sell than signals of a trend reversal.

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