🚨 ARKM BIG PUMP SOON!!! 🚨

Next Stop $3 ?👇

The chart shows a clear cup-and-handle pattern forming on ARKM/USDT on the 6-hour chart. This is a bullish continuation pattern, typically indicating a breakout to the upside if the price successfully breaches the resistance zone.

Analysis:

1. Resistance Zone:

The neckline of the cup is around $2.27 - $2.28, which is being tested now. A breakout above this level, confirmed by volume, will likely lead to further bullish momentum.

2. Cup-and-Handle Target:

To calculate the target for the pattern, measure the depth of the cup (from the neckline to the lowest point of the cup).

Approximate target:

$2.28 (neckline) + $0.70 (depth of cup) = $2.98 - $3.00.

3. Handle Formation (Second Move):

If the price fails to break out immediately, it could retrace slightly to form a "handle," potentially retesting $2.20 - $2.21 before attempting another breakout.

4. Volume Confirmation:

For the breakout to be valid, we need to see increased trading volume as the price moves past $2.28.

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Predictions for Next Moves:

1. First Move: Breakout above $2.28. If successful, the price can quickly rally toward $2.60 - $2.80, with the eventual target near $3.00.

2. Second Move: If rejected at the neckline, the price may pull back to $2.20 - $2.21, forming a handle before resuming its uptrend.

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Trade Plan:

Long Entry: Above $2.28, after a 6H or 1H candle close with strong volume.

Stop Loss: Below the handle support at $2.15 (if formed) or below $2.20.

Take Profit:

First target: $2.60.

Final target: $3.00.

- Check now...👉$ARKM 👇

Let me know if you'd like more details or adjustments to this setup!💬

#Arkm$3soon