ARB is up 43.47% in 24 hours. RSI is 84 on the 4h, 83 on the 1h, 82 on the daily — overbought on every timeframe at once.
The move has participation behind it. 4h volume printed 3.36x its 20-period average and the EMA stack is bullish on 15m, 1h, 4h and 1d. Someone repriced Arbitrum, and they did it in one session.
0.1718 is where $ARB is decided now — 9 measured daily touches, sitting 8.5% below spot. That is the first real floor under a price that has travelled a very long way, very fast. Lo...