🚀 $ARK /USDT Market Analysis - Binance (1H Chart) 🔥
🔹 Current Price: 0.4584 USDT (+8.81%)
🔹 Timeframe: 1-Hour Chart
Key Observations:
🔺 Resistance Levels:
0.4860 USDT (Near-term target)
0.5000 USDT (Psychological resistance)
🟢 Support Levels:
0.4400 USDT (Previous breakout zone)
0.4200 USDT (Next strong support)
Bullish Scenario (Long Entry):
🎯 Buy: If ARK maintains above 0.4400 USDT
🎯 Target 1: 0.4860 USDT
🎯 Target 2: 0.5000 USDT
🛑 Stop Loss: Below 0.4200 USDT
Bearish Scenario (Short Entry):
🎯 Sell: If ARK falls below 0.4400 USDT
🎯 Target 1: 0.4200 USDT
🎯 Target 2: 0.4000 USDT
🛑 Stop Loss: Above 0.4650 USDT
⚠️ Trade Caution:
Needs a break above 0.4860 USDT for further bullish momentum.
Failure to hold 0.4400 USDT could lead to a deeper retracement.