$ARB is still respecting its ascending channel and the structure looks clean.

Higher highs and higher lows are intact. That tells me buyers are still in control. Price tagged the upper channel resistance, got a healthy rejection, and now it’s cooling off near the midline. This kind of pause is normal after a push.

The green demand zone below is doing its job. That area is strong support and also the line that protects the bullish setup. As long as price stays above it, the trend stays alive.

Holding above the channel midline keeps momentum constructive. If buyers defend this zone, another push toward the upper channel becomes very realistic.

This is not weakness. This is consolidation inside strength.