Congratulations to everyone who followed the $ARKM trade! With an impressive 12.78% surge, $ARKM effortlessly hit all three targets, reaching $1.50. I personally invested $700, and the profits have been incredible! Share your gains in the comments below. Remember to secure profits by exiting at the second target.
Technical Analysis of $ARKM:
$ARKM/USDT demonstrated strong bullish momentum, surging from $1.37 to a high of $1.57 within hours. The breakout above $1.51 was backed by strong buying volume, signaling potential for further gains.
Trade Setup:
Entry Point: Around $1.37
Key Resistance Zones: $1.57, $1.60
Targets:
1. Target 1: $1.57 (Achieved)
2. Target 2: $1.60
Stop-loss: $1.50 to manage risk in case of a reversal.
If $ARKM holds above $1.57, it could test the next resistance at $1.60. However, if it fails to stay above $1.51, a pullback toward $1.45 might occur, providing a potential re-entry opportunity. Watch for volume spikes to confirm breakouts.
