$ARKM $ARKM The $ARKM /USDT pair has been on a strong uptrend over the past few days, with the price currently trading near the $2.258 level. The bullish momentum is evident from the upward sloping Bollinger Bands and the positive MACD.
Support and Resistance
Support: The immediate support level for ARKM is around $2.045. A break below this level could signal a potential reversal of the current trend.
Resistance: The immediate resistance level for ARKM is around $2.365. A break above this level could lead to further upside, potentially towards the next resistance at $2.411.
Entry Signal
Based on the current chart pattern, a bullish entry signal can be considered if the following conditions are met:
Breakout above resistance: The price breaks above the $2.365 resistance level with strong volume.
Confirmation: The price retraces back to the $2.365 level and holds as support.
Risk Management
As with any trade, it is important to manage risk. A stop-loss order should be placed below the $2.045 support level to limit potential losses.#MicrosoftBitcoinRejection #DogeArmyComeBack #DogeArmyComeBack #SOLFutureRise #Write2Earn!