ARKMUSDT has completed a complex corrective structure, terminating near a well-defined immediate demand zone where price action has begun to exhibit basing characteristics. The final leg into this zone coincided with the lower boundary of a descending broadening wedge, further reinforcing this region as a potential accumulation area.
Price is currently stabilizing above this demand zone, with the 0.840 level emerging as a pivotal structural resistance that must be reclaimed for bullish continuation. A successful breakout above this threshold opens the pathway toward 1.727, a mid-range liquidity target, and subsequently to the 3.798 zone, which aligns with the prior external supply zone and confluence of historical distribution.
Directional bias remains bullish while price holds above the immediate demand zone, though the level around 0.756 remains critical for directional validation. Any failure to sustain above this zone could see price cascading toward the lower strong demand region.
