๐จ$ARK Hits Resistance Wall โ Time to Catch the Drop? โ๐
After a powerful rally from $0.3728 to $0.4774, $ARK slammed into a key rejection zone, with upper wicks showing signs of heavy profit-taking. Momentum is fading, and a healthy correction looks likely. ๐ฎโ๐จ
๐ป Short Trade Setup ๐ฏ Entry Zone: $0.4080 โ $0.4120
๐ Take Profit 1: $0.3920
๐ Take Profit 2: $0.3860
๐ Take Profit 3: $0.3820
๐ Stop Loss: $0.4215
๐ Strategy:
We're eyeing a short opportunity as $ARK loses steam below resistance. A clean rejection and weakening volume confirm the setup. Ideal for short scalps or a trend-following pullback play.
Stay disciplined โ let the setup confirm before diving in. ๐๐ผ