Arbitrum (ARB) is currently priced at $0.099231, exhibiting a slight 24-hour change of 0.21346%. The daily trading range has been relatively tight, with a high of $0.112583 and a low of $0.098569, indicating a 14-day price change of -14.3% and a 30-day decline of approximately 40.8%, reflecting ongoing bearish sentiment.

The trading volume stands at 183,970,176, translating to a Vol/Market Cap ratio of 31.22%, which suggests active market participation despite the downward price trend. The hourly moving averages show a bearish pattern, with the 8 SMA at $0.1029 (-3.60%) and the 55 SMA at $0.1012 (-1.93%), reinforcing the lack of momentum in the short term.

The 1-hour RSI at 41 indicates that ARB is approaching oversold territory, while the 7-day RSI at 50 reflects neutrality in the medium term. Recent price movements show a modest 7-day gain of 2.58%, but the longer-term perspective reveals a significant downtrend, contributing to a cautious outlook for traders.

Given the current market conditions, including declining moving averages and a lack of strong buying momentum, a Sell rating is recommended. This recommendation is based on the prevailing bearish sentiment and the substantial 30-day price decline, suggesting that investors should consider exiting their positions until a clearer reversal pattern emerges.