Technical Analysis: ARKM/USDT 📊
As ARKM/USDT shows significant price movement today, let’s take a deeper look at the key technical indicators and set our target levels for potential price action. 🔍
Current Price: $2.259 (+6.91%)
Key Indicators:
SAR (Stop and Reverse):
Buy Signal: 2.318
Sell Signal: 2.365
The SAR indicates bullish momentum as the price is currently above the 2.318 level.
24h High: 2.365
24h Low: 2.045
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Target Levels 🎯
Target 1: $2.318
The first target comes from the SAR indicator, signaling a potential resistance level. If the price continues its upward momentum, expect a test of this level as the next key resistance. A break above this could lead to a stronger bullish trend.
Target 2: $2.365
The 24-hour high and another strong resistance point. If ARKM can push past $2.318, this level at $2.365 could be the next hurdle for buyers. Watch for volume and momentum to confirm a breakout.
Target 3: $2.045
If the market sees a pullback, the 24-hour low at $2.045 is a crucial support level. A drop to this zone could present a buying opportunity, especially if the price holds and reverses back to the upsi.
