$ARB Skyrockets +10% – Is There Fuel Left in the Tank?
$ARB is trading at $0.3370, up over 10% in a single session. The chart shows a vertical breakout followed by brief consolidation, signaling potential continuation or cooling-off ahead.
Key Levels to Watch:
• Resistance Zone: $0.3395 – $0.3410
• Support Zone: $0.3305 – $0.3250
Bullish Scenario:
A confirmed move above $0.3410 could extend the rally toward:
• Target 1: $0.3465
• Target 2: $0.3510
Bearish Scenario:
If $ARB fails to hold $0.3305 support, it could retrace toward:
• Target 1: $0.3220
• Target 2: $0.3165
Market Sentiment: Bullish breakout in full effect. However, RSI may be overheating—watch for volume validation on the next push before entering.