$ARKM Breakout in Progress – Can Bulls Push Higher?
$ARKM is trading at $0.590, showing a strong +20% daily gain. After rallying from the $0.49 support zone, the price is consolidating just below the $0.60 resistance mark. Bulls have momentum on their side, but sellers are trying to hold the upper boundary.
Key Levels to Watch
• Resistance: $0.600 – A breakout above this level could extend the move toward $0.620 and $0.650.
• Support: $0.560 – Losing this level may lead to a dip toward $0.540 and $0.520.
Trade Setup
Bullish Entry:
• A confirmed breakout above $0.600 could target:
• TP1: $0.620
• TP2: $0.650
Bearish Entry:
• A breakdown below $0.560 could target:
• TP1: $0.540
• TP2: $0.520
Final Note
ARKM is trading just below a major resistance zone. A breakout above $0.60 could signal further bullish continuation, while failure to hold support may invite a short-term correction. Traders should stay alert for a decisive move.