Trading Signals for $ARK

Action: Both Long and Short Positions
Entry Range: $0.5300 - $0.5600

ARK has shown significant trading volume over the past 24 hours with a Vol/Mkt Cap ratio of 151.85%, indicating heightened trader interest. The price range between $0.5096 and $0.6383 reflects strong intraday volatility, ideal for scalping strategies. Currently, ARK appears to be consolidating near the $0.5400 level after its recent surge. This suggests potential breakout opportunities in either direction.

For long positions, look for a breakout above $0.5600 with initial targets at $0.5800 and $0.6100, setting a stop-loss around $0.5200.

For short positions, monitor rejection patterns near $0.5600 and aim for a decline to $0.5300 or $0.5100, with a stop-loss above $0.5700.

Given ARK's historical volatility and liquidity, scalping with quick entries and exits is viable. Ensure to monitor the order book and news catalysts closely.

🥂 Trade Here 👇$ARK

🚨 Note: Trade at your own risk. DYOR.

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