Arbitrum (ARB) is currently trading at $0.094995, reflecting a slight decline of 0.88% over the past 24 hours. The price has oscillated between a high of $0.095841 and a low of $0.088935 during the same period, indicating a daily range of approximately 6.9%.

The trading volume stands at 77,753,486, which corresponds to 14.04% of its market cap, suggesting a healthy level of trading activity. The short-term moving averages indicate a mixed sentiment; while the 8 SMA and 13 SMA show positive trends of 3.50% and 2.57% respectively, the longer 55 SMA and 144 SMA are declining by 1.68% and 7.02%.

The 1-hour RSI is currently at 52, indicating a neutral momentum, while the 7-day RSI at 41 suggests that ARB is approaching oversold territory. The price has experienced a significant drop of approximately 16.85% over the past week, with even steeper declines of 14.60% over the last two weeks and around 46.60% over the last month.

The all-time high for ARB remains at $2.39, reached on January 12, 2024, highlighting the substantial decline from its peak price. This long-term downtrend, combined with the current price action and moving averages, indicates that the market sentiment is leaning bearish.

Given the current technical indicators, including the mixed short-term moving averages and bearish momentum, I would rate ARB as a Sell. The lack of bullish signals and significant price declines over various time frames suggest it may be prudent to exit or avoid new positions until a clearer reversal pattern emerges.