🚨 $ARB: Spike on the horizon? What the data says
🔍 Fundamentals:
Arbitrum Orbit — allows launching custom L2/L3 chains, increasing the ecosystem and TVL.
LayerZero partners — provide cross-chain capabilities and increase liquidity.
Recent upgrades (Stylus, BoLD) have improved decentralization and UX.
📈 Technical view (4H ARB/USDT):
The price is holding in the range of $0.30–$0.33 — this is a consolidation zone.
Support is strong at $0.305, resistance at $0.335.
RSI is neutral, volumes are consistently moderate — accumulation.
We are waiting for a breakout above $0.335 — this could lead to a rise to $0.38–$0.40.
🎯 Scenarios:
Bullish: breakout and consolidation above $0.335 → target $0.40.
Possible correction: upon a downward bounce, we expect a retest of $0.305–$0.30 as an opportunity to enter.
Use a stop below $0.295 when entering.
What do you think? $ARB holders are waiting for a breakout or continuing to accumulate? Share your opinion 👇
#Arbitrum #ARB #Orbit #LayerZero #CryptoAnalysis #BinanceSquare #TradingUpdate