$ARK 30m ANALYSIS 📊
- Currently, my main direction is bearish, meaning I expect a decline. I anticipate the price to test the 0.4462 support first, gather liquidity through manipulation from there, and then move towards 0.4548 and 0.4581 with a short-term reaction rally. If there is a clear close below 0.4451, the decline may accelerate, and we could see a drop to the 0.4376-0.4323 range.
- For a long position, signs of a reversal around 0.4462 (pin bar, engulfing, trend reversal on lower time frames) are necessary. For a short position, a strong rejection and loss of momentum in the 0.4548-0.4581 range (especially bearish engulfing or lower high) are required.
- I am not explicitly stating the stop-loss level; it would be reasonable to keep it slightly outside critical levels that could change the trend, such as swing low or swing high.
- If the price clearly breaks above 0.4643, my bearish scenari...#ARK #ARKUSDT #BTCReclaims120K #ETH4500Next? #analysis $ARK
