Arbitrum Stuck at $0.21: Breakout or Bear Trap?

Arbitrum (ARB) has reached $0.21, with its Relative Strength Index (RSI) in overbought territory and Moving Average Convergence Divergence (MACD) momentum flatlining.

This setup is textbook for a short-term flush to $0.19 or a potential breakout above $0.22.

ARB's 24-hour range of $0.20-$0.22 indicates compression at upper-band resistance, where major moves are often decided.

The broader Layer-2 narrative has gained traction as DeFi on-chain liquidity rotates back into productive yield environments, with ARB at the center of this rotation.