$ARB has really been quietly rising a lot recently. The Layer2 sector has been getting hot lately, and as an absolute leader, it directly benefits. On-chain locked-in volume has hit a new six-month high. It had been consolidating for almost two months without breaking above 1.5U, but a single big bullish candle pushed it straight above that level. The only remaining resistance overhead is at 1.8U. As long as ETH doesn’t collapse, ARB’s catch-up rally room is definitely more than enough to look at. Now don’t chase the price—if it pulls back to around 1.45, that’s a good time to consider positioning.
Hot coin: $OP $DOGE
Personal opinion only for reference
Let me know in the comments how long you’ve been holding ARB bags.