$ARKM Long Liquidation: $6.9577K at $1.97046

What Happened?

A long position worth $6,957.7 on ARKM was liquidated at $1.97046.

The position couldn’t hold due to a sharp price drop and insufficient margin.

Why Did This Happen?

1. Price Volatility: ARKM’s price dipped, triggering the liquidation point.

2. Leverage Impact: High leverage magnified the loss, leaving no buffer.

3. Market Pressure: Sudden bearish movement in ARKM caused rapid selling.

What’s Next?

ARKM Price Outlook:

Support Level: Watch for stability near $1.95 or further drop.

Resistance Zone: If price recovers, key levels are $2.00-$2.10.

For Traders:

Lower leverage to reduce risk.

Use stop-loss orders to secure profits.

Observe ARKM’s trading volume for signs of recovery.

For Investors:

Be cautious about entering during high volatility.

Look for long-term trends before committing funds.

Pro Tip:

Always trade with proper risk management and monitor liquidation thresholds to avoid sudden losses.

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