🚀 $ARKM Idea (1-Hour Chart) 🚀

▶️ Entry Zone: 1.052 (Current price)

🛑 Stop Loss: 1.018 (24h Low)

🎯 Take Profit 1: 1.093 (24h High)

🎯 Take Profit 2: 1.100 (Recent resistance level)

📊 Analysis:

* The price is currently above the 50 EMA (1.048), indicating a bullish short-term trend, but slightly below the 9 EMA (1.050) and 21 EMA (1.054), suggesting a potential consolidation phase.

* Recent price action shows a positive move, with a 3.34% gain in the last hour.

* RSI(14) at 49.51 suggests the asset is in a neutral zone, neither overbought nor oversold, leaving room for further movement in either direction.

* MACD (-0.004) is slightly negative, indicating a cautious approach as it trends near the signal line, potentially signaling a reversal if momentum shifts.

* 24h trading volume (9.37M ARKM) shows moderate market activity, with balanced buying and selling pressure.

The current setup suggests a cautiously bullish short-term outlook for ARKM/USDT. The price has remained above key support levels, and technical indicators suggest potential for a continuation of the upward trend, provided that buying pressure increases.

⚠️ Caution:

* The price is close to the 24h high, which could act as a short-term resistance level.

* Crypto markets can be highly volatile, and rapid price changes are possible.

* Watch for a break above the 21 EMA to confirm a stronger bullish trend.

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