$ARKM

Moving Averages:

200 SMA: Positioned at 1.575, the price recently moved above this level, suggesting a potential shift towards bullish momentum if sustained above

.

VWAP (Volume-Weighted Average Price):

The current VWAP is at 1.615, which is slightly below the current price, indicating minor buying pressure.

Relative Strength Index (RSI):

Value: 57.94, which is close to the overbought threshold but still in the neutral zone. This implies a moderate buying interest without being overextended.

MACD (Moving Average Convergence Divergence):

MACD Line: 0.015Signal Line: -0.022Histogram: -0.037The positive histogram indicates bullish momentum, but the MACD is still close to the signal line, suggesting the upward trend might need more strength to confirm.

Support/Resistance Levels:

Support Zone: Around 1.400, previously acting as a strong barrier and potential bounce zone.Resistance Zone: Around 1.750 - 1.800, aligning with historical highs and where price may face selling pressure.

Bullish Scenario:
If the price holds above the 200 SMA and VWAP, and if RSI sustains around the current levels or rises, ARKM/USDT may attempt to challenge the resistance at 1.750 - 1.800. A breakout above this could lead to an extended rally, with potential to reach prior highs.

Bearish Scenario:
If the price fails to hold above the 200 SMA or VWAP, a retracement towards the support level of 1.400 could be expected. A breakdown below this could trigger further downside momentum.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct thorough research and consider your own financial situation before making any trading decisions.