🟢 $ARB – Feeling Bullish Again?
$ARB has really caught my eye this week. The PayPal news supporting its $850M PYUSD stablecoin gave it a quick 7% jump, and then the Robinhood rumors sent it even higher—17% in just one day. Honestly, it’s hard not to get excited seeing moves like this.
Looking at the daily chart, ARB hit $0.6246 and then pulled back slightly to $0.5704. It’s normal profit-taking, but the overall momentum still feels bullish. On the 4-hour chart, the price is holding above key EMAs, which tells me buyers are stepping in around $0.554–$0.565. I’m keeping an eye on this zone because it feels like a solid entry if it holds.
Volume has been strong, and even though some sellers are taking profits, the bids around $0.5704 are holding up well. Personally, I think ARB still has room to move higher, especially if it breaks above $0.6246. For me, it’s about watching support and waiting for a clean breakout rather than chasing the spike.
At the end of the day, Arbitrum is showing why it’s one of the most interesting layer-2 tokens right now. I’m watching it closely, and if it keeps holding these levels, I might add a little more to my position.