Arbitrum (ARB) Market Pulse Update

Before chasing this on $ARB: What level decides whether $ARB becomes a long watch or a failed move? $ARB is up 0.43% over 24h. Recent closed candles show recent closed candles staying mostly sideways. Short-term volume is down 86.17% versus the prior candle average. Nearby support is around $0.1164; resistance is around $0.1175. Bias: Neutral watch for $ARB until the range breaks. Traders may watch whether $ARB breaks the range or keeps consolidating. ARB is worth watching when L2 activity and volume improve together. The volume change is large enough to pay attention to, but it still needs clean follow-through. Do not treat price action as proof that an airdrop claim is real. Confirmation matters more than speed here. Which confirmation matters more here: price holding the level or volume returning? Informational only. Not financial advice.