$ARKM /USDT: POTENTIAL SHORT-TERM CORRECTION 📉
Trade Setup
Bearish Scenario:
Entry: $1.399
Take Profit (TP):
TP1: $1.320
TP2: $1.300
Stop Loss (SL): $1.460
Technical Insights
Resistance Level: ARKM is facing resistance near $1.460, which has caused a slight decline in price.
Support Level: Support around $1.320 could act as a bounce point if the bearish move continues.
Market Outlook
The recent price action indicates a potential short-term correction, with ARKM testing resistance and showing signs of reversal. Monitor price action for confirmation of a downtrend and possible move towards the support levels.
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