$ARKM USDT – BEARISH PRESSURE MOUNTS AFTER FAILED BREAKOUT!
REJECTION AT $0.581
LOWER HIGH FORMING NEAR RESISTANCE
$ARKM attempted to break above the $0.580 level but faced strong resistance. The recent red candle on the 4H chart shows clear rejection with a long upper wick, signaling a bullish trap and potential short-term reversal.
Price is now trading below the mid-range at $0.556 with decreasing bullish momentum. If support at $0.538 fails, a sharper correction could follow.
🔻 SHORT Entry: $0.556
🎯 Target 1: $0.538
🎯 Target 2: $0.519
❌ Stop Loss: $0.582
Unless bulls regain strength above $0.580 with volume, downside continuation is the more likely outcome.
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