🚨Arbitrum just caught everyone off guard with a sharp volume-driven reversal.

$ARB is trading at $0.0938 (≈$0.0937), up +8.81% today, snapping weeks of grinding downtrend after holding a key local floor at $0.0705.

The daily chart is showing a clear shift in momentum:

📈 EMA Cross-Up: Price has ripped through the EMA5 ($0.0854), EMA10 ($0.0824), and EMA30 ($0.0833) all three now stacked below price, a classic short-term bullish alignment.

📊 Volume Confirmation: 24h volume sits at 42.54M ARB (~3.78M USDT), backing the move with real participation rather than a thin wick.

⚡ RSI Surge: RSI(6) has spiked to 84.0, with RSI(12) at 70.5 and RSI(24) at 55.5 the short-term reading is firmly in overbought territory, often a precursor to either a strong continuation or a sharp pullback.

24h range: $0.0844 – $0.0941.

Is this the start of a real reversal for $ARB, or just a relief bounce before the next leg down? Drop your take below 👇

#Arbitrum #CryptoTrading #Altcoins $ARB