$ARKM Based on the current price at $2.1268, here are the recommendations for entry buy and stop loss (SL) for ARKM/USDT trading pair.
Entry Buy
Entry Buy Level:
Wait for the price to drop slightly to the nearest support area, around $2.10 - $2.12. This is a potential pullback area based on the current trend.
Stop Loss (SL)
SL: Place the stop loss below the strong support at $2.00. This is to anticipate a possible bearish price movement.
Take Profit (TP)
TP 1: $2.16 (previous resistance/24-hour high).
TP 2: $2.25 (a potential resistance level if a breakout occurs).
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Note: If the price keeps rising without a pullback, wait for a breakout confirmation above $2.16 before entering to avoid buying at the top. Always apply proper risk management based on your capital.