$ARK /USDT
Current Price: $0.4451 (-21.56%)
Market Overview:
ARK has suffered a significant decline but is now testing key support at $0.4230. A potential recovery could be on the horizon, but the price needs to overcome resistance to continue higher.
Key Levels:
Support: $0.4230
Resistance: $0.4600
Trade Setups:
Long Setup : Buy between $0.4250 - $0.4400
Take Profit Targets: $0.4600 | $0.4850 | $0.5100
Stop Loss: Below $0.4200
Short Setup : Sell between $0.4550 - $0.4700
Take Profit Targets: $0.4400 | $0.4230 | $0.4000
Stop Loss: Above $0.4800
Market Insight:
ARK is showing signs of recovery after its major drop, but whether the rebound will continue depends on whether it can break resistance. A strong move above $0.4600 could ignite more upside potential.
Pro Tip: Keep an eye on volume—if buying pressure increases, expect the potential for a strong recovery!