Arbitrum's native token ARB is trading at $0.087, hovering just below a key resistance level at $0.09. Data from on-chain and exchange order books shows that smart money has been quietly building long positions, while aggressive buy flow dominates the tape. The setup has traders watching for a potential squeeze that could push the token into the $0.095–$0.10 range.
Resistance at $0.09
The $0.09 mark has formed a significant resistance wall, with a large cluster of sell orders sitting at that price. Declining moving averages are also acting as overhead resistance, reinforcing the barrier. For any upward move to gain traction, buyers will need to absorb the supply stacked at $0.09 and push through the moving averages.
Smart money positioning
Despite the overhead pressure, wallets associated with experienced traders and funds have been steadily accumulating ARB over the past several days. The buying has been measured but persistent, suggesting confidence in a near-term breakout. Aggressive buy flow has been visible on the order books, with market orders eating into the ask side faster than typical retail activity.
Potential squeeze scenario
If the accumulation continues and the $0.09 resistance is breached, a short squeeze could accelerate gains. The next targets would be $0.095 and then $0.10, levels that align with recent swing highs. However, the declining moving averages remain a technical headwind, and failure to break $0.09 could see ARB drift back toward support near $0.085.
The immediate question is whether the aggressive buying can overpower the resistance wall. Traders are watching volume and order flow for confirmation of a breakout or rejection.
