$ARB /USDT has shown a strong bullish momentum in the last 24 hours, with the price currently trading at 0.5682 USDT, representing a +15.77% gain. The asset has maintained an upward trajectory, pushing closer to its 24-hour high of 0.5790 USDT, while staying well above the low of 0.4741 USDT. The trading activity has been notably strong, with a 24-hour volume of 245.44M ARB against 127.98M USDT, reflecting increased participation from buyers. The moving averages also suggest a positive short-term sentiment, as the MA(7) at 0.5225, MA(25) at 0.5046, and MA(99) at 0.4999 all remain below the current price, confirming a sustained breakout above key resistance levels.
Volume analysis further strengthens this bullish outlook. The current trading volume of 26.84M is relatively close to the MA(5) volume of 30.91M, while significantly above the MA(10) volume of 18.91M, showing strong short-term buying interest. If ARB manages to hold above the 0.55 support zone, it could attempt another breakout towards the 0.60 resistance level, with potential to extend the rally if buying pressure persists. However, if volumes begin to decline or the price fails to maintain momentum, a retest of the 0.52–0.50 support range in line with the moving averages would be the likely consolidation scenario.