$ARKM Long Liquidation Alert
A notable $5.0764K long position has been liquidated at $1.31855, indicating increased selling activity and potential bearish momentum in $ARKM .
Key Levels to Watch:
Support: $1.30
Resistance: $1.35
The price is nearing a critical support level. If it breaks below $1.30, we could see a deeper drop.
However, a rebound above $1.35 might signal a short-term recovery.
Trading Strategy:
• Buy Entry: Consider buying near $1.30 - $1.31, targeting $1.35 with a tight stop loss below $1.28.
• Sell Entry: Look to short if the price fails to break $1.35, aiming for $1.30 or lower.
Trade cautiously, and stay updated on volume changes to confirm the trend!
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