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Arbitrum ($ARB ) Revival on the Horizon? 🚀 $0.50 in Sight?

Arbitrum ($ARB) is stirring with potential! Priced at $0.3367 (+2.72% daily), the Layer 2 token is down 13.6% monthly and 64.53% over six months. A massive 92.65M ARB token unlock on June 16 (1.91% of supply) sparked short-term bearish pressure, but could this be the calm before the storm? 📉

The Arbitrum ecosystem remains robust, allocating 35M ARB to tokenized U.S. Treasurys via Franklin Templeton, boosting DAO yield infrastructure and credibility. Technicals hint at a reversal, with falling wedges and symmetrical triangles forming. RSI and MACD are nearing oversold, and volume is ticking up—signs of accumulation? 📈

Analysts eye $0.50–$0.69 as short-term bullish targets if ARB reclaims $0.35–$0.38. A break above $1.00 could flip the macro trend. With integrations like CCTP v2.0 and community events (NYC meetup, June 25), Arbitrum’s fundamentals are strong. Can it shake off the 85% drop from its $2.40 ATH? 👀