📈 ARK/USDT – Strong bounce, now testing key resistance!

• Current Price: $0.4234 (+12.43%)

• 24h High: $0.4774

• 24h Low: $0.3728

• Volume: $29.35M (above average)

• RSI(6): 70.76 → entering overbought territory

• EMAs:

 ◾ EMA7: $0.3790 ✅

 ◾ EMA25: $0.3863 ✅

 ◾ EMA99: $0.4636 ⛔ (not yet broken)

🔍 Technical Overview:

ARK is showing a strong bullish breakout, reclaiming both short-term EMAs (EMA7 and EMA25) with solid volume and a full-body green candle — signaling renewed buying interest.

The next major test is the EMA99 ($0.4636) — a critical resistance zone that previously rejected price attempts.

📌 Key Zones to Watch:

• Resistance: $0.4636 (EMA99), then $0.51

• Immediate Support: $0.386 and $0.379

• Breakout Target: $0.51–$0.56 (previous top)

⚙️ Possible Scenarios:

→ A clean breakout above EMA99 with volume may open space for a move toward $0.50+

→ Rejection at this level could lead to a pullback toward the $0.38 region

→ RSI is near overbought — suggesting caution and potential consolidation ahead

📌 Quick Summary:

✔ Reversal structure confirmed

✔ Short EMAs reclaimed with strong volume

⚠️ RSI nearing overbought — watch for exhaustion

⏳ Breakout above EMA99 could trigger continuation

📢 This analysis is for educational purposes only. Always DYOR before investing.

$ARK

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