Arbitrum ($ARB ) has experienced a strong bullish surge over the past 24 hours, gaining 8.08% to reach a current price of 0.5201 USDT on Binance. The asset touched a high of 0.5208 USDT and a low of 0.4727 USDT within the same period, indicating a relatively wide trading range and suggesting strong intraday momentum. This price movement signals renewed interest in ARB, possibly driven by developments in the Arbitrum ecosystem or broader market recovery trends. The price nearing its 24-hour high at the time of observation shows that buyer demand has remained strong throughout the day.
The trading volume further reinforces this bullish outlook. ARB recorded a 24-hour volume of 142.93 million tokens, equating to approximately 71.13 million USDT. This level of activity points to increased participation and liquidity, which are often prerequisites for sustained upward trends. If this momentum continues and ARB breaks through short-term resistance levels, it could attract further attention from traders seeking to capitalize on its volatility. However, as with all crypto assets, volatility can shift quickly, and traders should remain cautious and consider key support levels if a pullback occurs.