Arbitrum (ARB) has rebounded 238% from its recent low, following a 77% decline during the market downturn. The cryptocurrency has maintained its position above the crucial $0.25 support level, which has been repeatedly tested and proven resilient, suggesting significant accumulation by large investors. The weekly chart for ARB shows a pattern of higher highs and higher lows, indicating a potential trend reversal. Investors are closely monitoring resistance levels at $0.58, $1.18, and $2.43, with the latter representing a potential 10x increase from current prices.