📊 $ARB Technical Update: Major Breakout Setting Up
Record $5B TVL + golden cross formation signal significant strength.
RSI at 53 after recent pullback from overbought levels, suggesting healthy consolidation.
🎯 Technical levels:
- Key resistance: $1.2-1.3 zone
- Primary target: $2.2
- Current consolidation: $0.95-1.1
2-year accumulation phase potentially ending. Structure suggests bullish continuation after retest. Watch volume for breakout confirmation.
Catalysts:
- TVL growth
- L2 adoption
- Market structural shift
