$ARK

Long Liquidation Alert: $3.8539K at $0.57901

ARK traders just faced a heavy blow as $3.8539K worth of long positions got liquidated at $0.57901. The bears are tightening their grip, leaving the bulls scrambling to find support. With this level under pressure, the market is at a critical juncture—what’s next for ARK?

1️⃣ Bearish Outlook: If ARK fails to reclaim $0.58, it could slide further to test the $0.55 support zone. A break below this level might trigger additional sell-offs, dragging the price toward $0.50.

2️⃣ Bullish Reversal: If ARK finds support and bounces back, watch for resistance near $0.60. A strong push above this level could ignite a recovery rally, targeting $0.65.

Momentum signals increased volatility. Expect sharp price movements as bulls and bears battle for control.

Risk management is key—avoid over-leveraging and keep stops tight to navigate the potential storm.

The next move will likely set the tone for ARK’s short-term trajectory. Stay sharp!