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$RENDER โ ๏ธ ALERT FOR THE NEXT 24 HOURS
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$ARKM โ ๏ธ TECHNICAL ANALYSIS FOR THE NEXT 24 HOURS Here is the technical analysis for the ARKM/USDT pair: 1. General Trend: The last price is at $2.1268, with an increase of 2.06%. The 24-hour high is $2.1686, and the 24-hour low is $2.0117. The price appears to have bounced off the support level around $1.9123. 2. Moving Average (MA) Indicators: MA(7): $2.0877 (the current price is slightly above this MA). MA(25): $2.0738. MA(99): $1.9726. The short-term trend suggests a potential uptrend as the price is above MA(7) and approaching MA(25). 3. RSI Indicator: The RSI is at 57, indicating the price is neither overbought nor oversold, leaving room for further upward movement. 4. MACD Indicator: The MACD histogram is positive, with the MACD line above the signal line, signaling a developing bullish momentum. --- Strategy for the Next 24 Hours: 1. Entry Buy: Entry Level: Wait for a pullback to the support area around $2.05 - $2.07 for a buy entry. Confirm the entry if a bullish candle forms around this area. 2. Stop Loss (SL): Place the SL below the strong support level at $1.98 to anticipate a potential price drop. 3. Take Profit (TP): TP 1: $2.16 (the previous 24-hour high). TP 2: $2.25 if bullish momentum strengthens. --- Notes: Always monitor volume movements. If volume increases as the price approaches resistance, the chances of a breakout are higher. Adjust position size according to your risk management, typically limiting SL risk to 1-2% of total capital.
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$ARKM โ ๏ธ ENTRY BUY AND STOP LOSS STRATEGY
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REFUSE TO COME DOWN! ๐ค๐ค๐ค๐๐๐ $XRP
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