$ARB is on fire! 🔥
Arbitrum rallied 19.45% to $$0.3688 along with a 528% spike in its 24-hour trading volume to $702M amid speculation of a partnership with Robinhood Markets Inc.
ARB is the top gainer and trending coin in the market over the past day 🚀
What’s next price target? 👇
➡️ $ARB has broken above the key resistance at $0.3317, which now acts as support, and is holding steady above the mid-Bollinger band at $0.3171.
➡️ The sharp expansion of Bollinger Bands signals rising volatility, with price action near the upper band. RSI at 61 points to increased buying activity, suggesting a possible short-term pullback before further upside.
➡️ Immediate resistance is at $0.4289, followed by a stronger barrier at $0.4568 — a key supply zone. A sustained bullish push beyond these levels could confirm a short-term breakout trend for ARB.
