Analysis shows that ARB still holds strong rally potential, with the price possibly extending to $0.50 if momentum continues.
Currently, it has broken above a major resistance level at $0.415. However, ARB still risks a pullback even after breaching this level.
One key confirmation of continued bullish momentum would be a candlestick close above that resistance level. Otherwise, a reversal could occur.
At press time, trading volume stood at $540.26 million, a 70% increase from the previous day. If this volume persists, ARB could see a significant price boost.
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