$ARB Arbitrum (ARB) shows strong bullish momentum today, with the overall crypto market sentiment leaning towards optimism. Given its position as a leading Layer 2 solution on Ethereum, ARB is benefitting from increased adoption, reduced gas fees, and Ethereum scaling improvements.
If ARB holds above its current support level of around $1.10 and breaks past $1.15, it could aim for a higher target of $1.25 in the short term. The buy price remains favorable near $1.10, with a target sell price at $1.25. A risk-averse strategy would involve a stop-loss below $1.05 to mitigate downside risk.
**Target Price**: $1.25
**Buy Price**: $1.10
**Sell Price**: $1.25