$ARB is holding the $0.205 reclaim that kicked this whole move off last week.

StanChart’s $0.50 year-end target is already priced into the chat. The cleaner read is tokenized funds on the chain printing a fresh high while price is only just sitting on last week’s ceiling.

If $0.196 goes, the flag is done.

Look at how thin the 4h volume is under that $0.219 print. That gap is the only thing that still needs an answer.