$ARKM Quick Chart Watch

ARKM just tested the bottom of its daily Fair Value Gap (FVG) and buyers stepped in, leaving a strong wick on both the daily and 4H candles. This repeated defense of the FVG highlights it as a key support area for now.

Multiple wicks below the FVG signal active demand and possible stop hunts, but so far, the level is holding.

If ARKM can close above this zone on higher timeframes, a short-term bounce or reversal is possible.

Caution: Market sentiment still depends on BTC. Keep an eye on Bitcoin’s next move as it sits near resistance with rising dominance, which could affect altcoin trends.

Watching for confirmation above support. Any clear breakdown below the FVG could open risk for more downside, but for now, the bulls are putting up a fight!