$ARK /USDT is showing strong bullish momentum with a +38.00% gain, currently priced at $0.5516.
๐ Key Levels & Observations:
24h High: $0.7300
24h Low: $0.3938
Volume: 52.38M ARK / 26.84M USDT
Depth Resistance: $0.7458 โ $0.7300 โ $0.6763
Depth Support: $0.6068 โ $0.5516 โ $0.4141
๐ Trading Outlook:
Bullish Strength: Strong breakout with high volume, indicating potential continuation.
Resistance Zone: $0.7300 is a key resistanceโif broken, expect a move toward $0.75 - $0.80.
Support to Hold: $0.5500 is crucialโif lost, expect a retest of $0.47 - $0.41.
Indicators to Watch:
RSI: Overbought? Potential pullback.
MACD: Momentum confirmation.
Bollinger Bands: Are we at the upper band?
โ Trade Plan (If Bullish Continues):
Breakout Entry: Above $0.7300 (Confirmed retest)
Retest Entry: Around $0.5500 - $0.5700
Targets: $0.75 โ $0.80 โ $0.90
Invalidation: Below $0.41
โ ๏ธ Caution: High volatility; manage risk properly. If BTC drops, ARK could retrace.