$ARK
/USDT Technical Analysis: Bullish Continuation Likely
The ARK/USDT 15-minute chart displays a clear bullish engulfing pattern followed by strong upward momentum, indicating a probable continuation of the uptrend.
* Entry Level: Consider an entry around $0.3950 - $0.3980 on a minor pullback or consolidation.
* Target: Initial target at $0.4082 (24h High). A sustained break above this level could lead to further gains towards $0.4150 - $0.4200.
* Stop Loss: Place a stop loss below the recent swing low, around $0.3890 - $0.3900, to manage risk.
Market Outlook: The current pattern and strong volume suggest a bullish continuation in the short term.