WHAT'S NEXT FOR #ARB ?
After plummeting into a new ATL during the early February flash crash followed by a rebound into the 0.50 area and slightly higher, $ARB seems stuck within a rangebound area in between 0.40 and 0.43, with some local lows below 0.40 hinting at a potential retest of the demand zone around its ATL below 0.35
This should most likely depend on the potential of this #Layer2 token to hold above 0.40 and reclaim key levels beyond 0.43 all the way up to its EMA 20 currently sitting at slightly over 0.46, eventually flipping it from resistance into support and opening upside targets from there
