$ARB /USDT Market Overview
#Arbitrum (ARB) is showing a strong bullish momentum today, trading at $0.5223, marking a 12.86% surge in the last 24 hours. The asset hit an intraday high of $0.5426 after bouncing from its low of $0.4610, signaling strong buyer interest. Trading activity is heating up, with over 250.44M ARB and 124.39M USDT exchanging hands, indicating heightened market participation.
If the bullish trend continues, ARB could challenge the $0.5499 resistance zone, potentially opening the door for a push towards $0.57 in the short term. However, a drop below the $0.4861 support could slow the upward momentum, possibly leading to a retest of the $0.4542–$0.4223 range. For now, bulls are firmly in control, making ARB one of today’s notable gainers in the Layer-1 category.