Arbitrum (ARB) Market Pulse Update

What level decides whether $ARB becomes a long watch or a failed move? $ARB is down 0.54% over 24h. Recent closed candles show recent closed candles staying mostly sideways. Short-term volume is up 63.95% versus the prior candle average. Nearby support is around $0.1278; resistance is around $0.1295. Bias: Neutral watch for $ARB until the range breaks. Traders may watch whether $ARB breaks the range or keeps consolidating. What level would make this read invalid for you? Informational only. Not financial advice.