$ARKM 📉 ARKM/USDT Market Analysis – Binance (1H Chart)🔥🔥🔥🌊🛩️🏆🚩🎯💸
📅 Date: Feb 12, 2025 – 12:54 UTC
💰 Current Price: $0.689
📊 Volume: 1.16M
📍 Key Levels🔑🔑🔑👇👇✅
🔼 Resistance: $0.696 | $0.707 | $0.720
🔽 Support: $0.680 | $0.670 | $0.655
📊 Technical Indicators & Trend Signal
✅ Moving Averages:
Price attempting to reclaim the short-term MA, potential recovery sign.
Needs confirmation with a strong close above $0.696.
📈 ADX & RSI:
ADX: 26.94 (Moderate trend strength).
RSI: 51.14 (Neutral to slightly bullish).
DMI+: 14.65 vs DMI-: 12.26 (Buyers gaining momentum).
🔵 📢 Current Trend Signal: Neutral to Slightly Bullish
RSI crossing 50 suggests a potential trend reversal.
ADX indicates a developing trend but still needs confirmation.
A breakout above $0.696 would confirm short-term bullish strength.
📉 Trading Plan
🟢 Bullish Scenario (Long Setup)
📌 Entry: Above $0.696 (Breakout confirmation).
📌 Stop-Loss: Below $0.685 (Risk control).
📌 Take-Profit: $0.707 - $0.720
✅ Confirmation: RSI > 52, increasing green volume.
🔴 Bearish Scenario (Short Setup)
📌 Entry: Below $0.680 (Rejection from resistance).
📌 Stop-Loss: Above $0.690 (Risk control).
📌 Take-Profit: $0.670 - $0.655
✅ Confirmation: RSI dropping below 48, increasing red volume.
⏳ Trade Duration: 1 Hour – 3 Hours
📢 Conclusion:
📊 Trend: Currently neutral but shifting bullish. Needs a breakout above $0.696.
⚡ Strategy: Long above $0.696 or short below $0.680 depending on price action.
🧑💻If you want daily totally free profitable trade/trading tips, please follow me, like, and share this post. Grow your portfolio with me. Thanks! 🚀
⚠️ Disclaimer: This is not financial advice. Do your own research before investing.
#arkm #Binance #BinanceAlphaAlert #TradingSignals #1000CHEEMS&TSTOnBinance