Congratulations to everyone who followed the $ARKM trade! With a sharp 12.78% surge, $ARKM hit its All three targets till $1.50 effortlessly. I personally invested $700, and the profits have been exhilarating! Share in the comments how much youโve gained from this move. Remember to exit trades at the second target to lock in your profits.
Technical Analysis on $ARKM :
#ARKM /USDT has displayed strong bullish momentum, skyrocketing from a low of $1.37 to a high of $1.57 within hours. The breakout above $1.51 was confirmed with strong buying volume, suggesting further upward potential.
Trade Setup:
Entry Point: Around $1.37
Key Resistance Zones: $1.57, $1.60
Targets:
1. Target 1: $1.57 (Hit)
2. Target 2: $1.60
Stop-loss: $1.50 to mitigate risk in case of a reversal.
If ARKM sustains above $1.57, it could challenge the next resistance at $1.60. However, a failure to hold above $1.51 may lead to a pullback toward $1.45, presenting a re-entry opportunity. Keep an eye on volume spikes for breakout confirmation.
