Price Action and Recent Reclaim

$ARB broke above the $0.0958 resistance level on the 4-hour chart during the London session, signaling a shift in momentum. The token is now trading near $0.1, a psychological threshold that often acts as both a profit-taking zone and a confluence point for stop orders. The 24-hour move of +8.60% reflects accumulation into this level, though volume at $100M remains moderate for a larger breakout confirmation.

This reclaim is structural, not explosive. Price approached $0.0958 multiple times over the past few candles before closing decisively above it on the 4H. This type of persistent nibbling at resistance often precedes a sustained push higher, but only if followed by volume confirmation.

Fibonacci and Structural Targets

The next critical resistance sits at $0.1014 - a level that represents both a Fibonacci extension from the prior swing low and a horizontal zone where prior selling pressure accumulated. Breaking $0.1014 would open a clear path to the $0.11 - $0.115 band, where longer-term structure becomes relevant.

Support, meanwhile, has shifted higher. The $0.0958 level that just broke should now act as a floor on pullbacks; a close below it on the 4H would negate the immediate bullish structure. Below that, traders should monitor $0.0920 as secondary support - a level that held throughout the prior consolidation phase.

Fibonacci levels from the recent swing suggest $0.1068 as another hidden resistance. Many traders use these hidden levels to pre-position stops and scale entries, so expect volatility near there if price makes a run toward $0.1014.

Momentum and Social Backdrop

Momentum indicators remain constructive but not overbought. The 24-hour RSI is elevated but not yet extended into overheated territory, leaving room for continued upside without immediate exhaustion signals. MACD has turned positive on the 4H, though the histogram is still building - a sign that the move has legs but hasn't peaked.