Arbitrum: Correction Opens Accumulation Zones

Arbitrum drew excessive short-term attention, triggering a correction alongside the wider market and pushing the token into zones where accumulation turns attractive again, according to trader Michaël van de Poppe.

On the 4h chart, price sits at $0.15 exactly at the EMA50 while the EMA200 rests at $0.11, establishing the 50-period line as immediate resistance; the MACD death cross reinforces bearish momentum even as RSI at 40.47 leaves room before oversold territory, and price remains inside the Bollinger Bands with the lower band at $0.14 acting as the next volatility support target before any relief rally materializes.