$ARKM $ARKM
ARKM/USDT: A Bullish Surge with Potential for Further Gains
The ARKM/USDT pair has been on a spectacular run, surging over 18% in the past 24 hours. The chart is painting a bullish picture, with key levels to watch:
* Strong Support: The $1.809 level has acted as a solid support zone, holding the price from dipping lower.
* Immediate Resistance: The current price of $1.957 could face some resistance, but if it breaks above $2.084, the next target is $2.105.
Entry Strategy:
For aggressive traders, a potential entry could be around the current price, with a stop-loss below the recent low of $1.660. More conservative traders might wait for a slight dip to the $1.809 level or a retest of the $1.660 support before entering.
Overall Outlook:
The bullish momentum in ARKM/USDT is undeniable, and the chart is forming a potential bullish flag pattern. However, it's important to remember that the cryptocurrency market is highly volatile, and prices can swing rapidly.
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