$ETH $ARB Market Update – Is Arbitrum Ready to Break Out?

$ARB is catching traders' eyes again as Arbitrum shows strong signs of recovery in the Layer 2 space! ⚡

📊 Technical Snapshot:

Support Level: Holding firm around $1.18

Resistance Zone: Testing $1.32–$1.35 — breakout incoming?

RSI: Currently near 56 — bullish momentum building, but not yet overbought

MACD: Flipping bullish with a potential golden cross on the 4H chart 🔄