Arbitrum Reclaims Former Ceiling, Forms Bull Flag with $0.205 Support
Arbitrum's price has reclaimed its former September ceiling at $0.205, forming a bull flag after rebounding from a low of approximately $0.13.
The formation suggests buyers are pausing after a strong advance rather than abandoning the move entirely, but it requires breakout confirmation to be considered a bullish continuation pattern.
RSI offers limited support for continuation as momentum has cooled without falling into weak or oversold territory.