$ARKM $ARKM ### **Technical Analysis: ARKM (Arkham) / Tether (USDT)**
#### **Support and Resistance Levels:**
- **Support Levels:** $1.617, $1.500, $1.400
- **Resistance Levels:** $2.116, $2.200, $2.300
#### **Entry Signal:**
- **Buy Signal:** Look for a bullish candlestick pattern, such as a hammer or engulfing pattern, near the support level of $1.617. This indicates a potential reversal and buying opportunity.
#### **Stop Loss:**
- **Stop Loss:** Place a stop loss slightly below the support level, around $1.500, to minimize potential losses if the price moves against your position.
#### **Take Profit Levels:**
- **First Take Profit:** Target the first resistance level at $2.116 for a conservative take profit.
- **Second Take Profit:** If the price continues to rise, consider setting a second take profit at $2.200.
### **Summary:**
ARKM (Arkham) is currently showing a strong upward trend with a recent high of $2.116[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.tradingview.com/symbols/ARKMUSDT/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). The support level at $1.617 is crucial to watch, as a break below this could indicate further downside[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.tradingview.com/symbols/ARKMUSDT/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). However, if the price holds above this support, there is potential for a move towards the resistance levels[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.tradingview.com/symbols/ARKMUSDT/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
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