$ARKM Long Liquidation Alert.

Massive Liquidation in ARKM.

Liquidation Value: $5.38K

Price Triggered: $1.665.

Hold tight, ARKM traders! The market just saw a huge liquidation of $5.38K in long positions at $1.66742. This sudden move could signal a possible shift in market momentum.

What does this mean.

Long Liquidation means traders who were betting on $ARKM price to rise were forced to close their positions when the price dropped to $1.66742, losing a total of $5.38K.

This could be a sign of a potential reversal or retracement, or the market may continue to go lower if selling pressure remains strong.

Keep your eyes on key levels! This liquidation could have further consequences for price movement in the near future.

What's Next.

If $1.66742 holds as a support, there might be a chance for a bounce or retracement.

A break below this level could signal further downside, with the next key levels to watch being around $1.60 or even $1.50 for potential support zones.

Stay Sharp.

Keep monitoring the order books and liquidation data for any additional shifts.

Don’t forget to watch buy zones and stop-loss levels to navigate the market volatility safely.

Pro Tip: Keep an eye on short liquidations too, as they could lead to massive volatility in the opposite direction.

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