🚀 $ARK /USDT — Sudden Spike or Start of Something Bigger?
📍 Price: $0.4231 (4H Chart, Binance)
ARK just printed a monster candle, breaking out from weeks of low-volatility sideways movement. This explosive move hints at renewed interest — but is it sustainable?
🔍 Technical Breakdown:
MA7 ($0.4092) and MA25 ($0.3767) now well below current price — bullish alignment
MA99 ($0.3568) has been flipped — trend reversal signal?
RSI likely overheated — expect potential pullback before continuation
🎯 Short-Term Targets:
$0.468 — last local top test
$0.517 — psychological resistance
$0.58-$0.62 — breakout extension zone
🛡️ Key Supports:
$0.402 — top of prior range
$0.365 — EMA confluence
$0.337 — invalidation zone for bulls
⚡ Momentum Insight:
This kind of vertical move often triggers FOMO entries — but smart traders wait for either a flag consolidation or a retest of key levels.
ARK’s historic volatility is no joke. When it moves, it really moves.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!
