$ARKM
🚀 ARKM/USDT Technical Analysis | Key Price Targets 🎯
As ARKM/USDT shows a mix of bullish and bearish signals, here’s a technical breakdown of potential price targets for traders to watch:
🔹 Current Price: 1.478 USDT
🔹 24h High: 1.638 USDT
🔹 24h Low: 1.444 USDT
Key Moving Averages:
MA(7): 1.743 USDT (short-term bullish)
MA(25): 2.109 USDT (mid-term bearish)
MA(99): 1.787 USDT (long-term neutral)
Target 1 🎯: 1.638 USDT (Near-Term Resistance)
This is the 24-hour high, and a key level to watch. If ARKM/USDT breaks this resistance, it may signal further bullish momentum. A break above 1.638 could lead to a potential test of the 2.0 level.
Target 2 🎯: 1.444 USDT (Support Zone)
The 24-hour low at 1.444 serves as an immediate support. A bounce from this level could indicate a reversal to the upside. Traders should keep an eye on this zone for buying opportunities.
Target 3 🎯: 2.109 USDT (Mid-Term Resistance)
The MA(25) at 2.109 is an important mid-term resistance point. If the price approaches this level, traders should look for signs of rejection or breakout for further price action.
Additional Insights:
Volume: 20.12M ARKM traded in the last 24 hours, indicating active participation.
Market Sentiment: Currently in a consolidation phase between 1.444 and 1.638, but with potential upside if it breaks resistance.
🔍 Strategy Tip: Watch for a breakout above 1.638 USDT or a bounce off the support at 1.444 USDT. Use a tight stop-loss near these key levels for risk management.
Stay tuned for more updates and happy trading! 🚀