$ARB is currently trading at 0.3975 USDT, creating a bearish outlook below the resistance at 0.4356 USDT.
With a support level at 0.388 USDT, traders may consider a pullback entry strategy for potential gains.
The RSI reading of 38.31 suggests oversold conditions, indicating room for a rebound.
However, traders should monitor Bitcoin’s price movements and macroeconomic factors that might sway the broader market.