Arbitrum Rally Faces August Unlock — Buy on Weakness
I see Arbitrum (ARB) rallying 15.72% to $0.56 with technical indicators turning bullish, suggesting renewed buyer interest and momentum.
At the same time, a 92.65M token unlock scheduled for August 16 creates a clear near-term headwind and raises the risk of increased selling pressure and volatility.
I’m watching for a disciplined pullback as an entry opportunity rather than chasing the run; if selling emerges around the unlock, I’d consider phased buys with tight risk controls.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.