$ARKM
/USDT Trading Signal – Consolidating Before Breakout?
Market Overview: ARKM/USDT is trading at $1.217, showing a modest gain of +3.75%. The token is consolidating near key resistance after hitting a 24-hour high of $1.245, suggesting potential for further upside.
Trade Setup
Entry Range:
Buy Zone: $1.210 - $1.225 (confirmation above this range signals strength)
Targets:
Target 1: $1.238
Target 2: $1.265
Stop Loss:
$1.172 (below recent low to mitigate risks)
Market Highlights:
Immediate resistance: $1.238 (a breakout would confirm bullish continuation)
Support levels: $1.172, $1.161 (recent low)
Volume indicates growing buyer interest, but resistance at $1.238 must be cleared for momentum to persist.
Analysis:
ARKM/USDT is attempting to build momentum after testing key levels. A break above $1.238 could pave the way for $1.265, while a rejection may trigger a retest of the $1.172 support zone.
Pro Tip: Watch for volume surges above $1.238. Secure partial profits at Target 1 and trail stop-losses to protect gains if the price approaches Target 2.