$ARB is currently trading very low (around ~$0.11–$0.12), showing strong bearish pressure and oversold conditions. Technical indicators show RSI at extreme oversold levels (~19–20) — historically this can lead to a bounce. MACD is weak but hinting at potential bearish momentum exhaustion if conditions improve. Key support is near $0.10–$0.11, while resistance zones are around $0.17–$0.22 in the near term. Analysts suggest possible recovery toward $0.19–$0.25 range if the market shifts — a ~50-100% bounce from current lows.Overall trend remains bearish with price below major moving averages — trend reversal is not confirmed. ARB’s fundamentals (ecosystem adoption, TVL) are stronger than price performance, highlighting a divergence. Token unlocks and inflationary supply continue to exert downward pressure on price. Broader market sentiment is cautious; macro crypto trends (BTC/ETH) influence ARB’s moves strongly.#MarketCorrection #EthereumLayer2Rethink? #ARB #ArbitrumBOLD #WhaleDeRiskETH

ARB

0.1185

+9.01%