$ARK

/USDT Technical Analysis

The ARK/USDT pair is showing strong momentum, currently trading at $0.6871 with a 3.96% increase in the last 4 hours. Here’s what traders should watch:

Key Levels:

Resistance: $0.7029 (24h high)

Support: $0.5900 (24h low)

Volume Insights:

24h Volume: 16.22M ARK (~$10.63M USDT)

High trading activity indicates significant market interest, suggesting possible continued volatility.

Trend Analysis:

ARK is forming higher lows, signaling a bullish trend on the 4-hour chart. A breakout above $0.7029 could target the next resistance around $0.7200.

Indicators to Monitor:

RSI: Approaching overbought territory, caution is advised.

Moving Averages: Price holding above the 20 EMA, further confirming bullish sentiment.

Trade wisely and stay updated for potential entry or exit points!