$ARK /USDT – Short Trade Signal Incoming! 🚨
Current Price: $0.3436 (-3.48%)
Market Overview:
$ARK pumped nearly 60% from its lows before facing a sharp rejection near $0.42. A strong bearish engulfing candle has formed on the 15m chart, hinting at short-term reversal potential.
Key Levels:
• Resistance: $0.3600 / $0.3750
• Support: $0.3300 / $0.3050
Short Setup:
• Entry Zone: $0.3450 – $0.3550
• Targets:
• TP1: $0.3300
• TP2: $0.3100
• TP3: $0.2880
• Stop Loss: $0.3660
Market Insight:
Volume peaked on the rejection wick — likely indicating exit by early buyers and entry by aggressive shorts. Unless bulls reclaim $0.36, downside pressure likely to continue.
Pro Tip:
Scale into positions — if price retests and fails at $0.35+, that’s your best confirmation for continuation lower.
Don't chase green candles — trade the reversal with discipline!
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