$ARB rallied 11%, forming a potential Double Bottom pattern. However, good fundamental are contradicting weak liquidity.
š¹ $ARB is breaking the $0.24 neckline. If broken, the next target is $0.311.
CMF Money Flow indicator is still negative (-0.16), indicating that buying power is not yet completely overwhelming.
šø Active addresses jumped 135% to over 2 million leading EVM chain, TVL increased 7% to $6.53 billion.
š¹ The downside is derivative trading volume and it is still flat. ARB need stronger money flow to confirm the uptrend.
With 2 million user, is $ARB worth the $0.31 price tag?
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