ARB Price Action Hits Decision Point as Smart Money Leans Long

ARB has surged from around $0.11 to $0.22, doubling off its lows and marking a clean double for the Layer-2 token.

The entire moving average stack is in perfect bullish alignment: SMA 50 at $0.13, SMA 20 at $0.18, SMA 7 at $0.22, with price sitting on top of all of them.

However, ARB now sits exactly at its pivot point, immediate resistance, and current price, all at the same $0.22 handle, which is a wall according to the market.

The momentum picture is nuanced, with RSI at 66.94 indicating buyers are in control but haven't overdone it, while the MACD histogram has come in dead flat at zero, serving as a warning shot that momentum has converged and the next candle direction will tell traders whether bulls are loading up for another leg or quietly stepping aside.