ARKM🔥

/USDT technical analysis 🧐

📊 ARKM/USDT Technical Analysis – Binance Update

Current Price: $0.5742 (+13.5%)

24h High: $0.736 | 24h Low: $0.419

24h Volume: 111.81M ARKM (~$67.39M)

🚀 Technical Overview:

MA (7): $0.577 (Short-term trend) MA (25): $0.519 (Mid-term trend) MA (99): $0.492 (Long-term trend)

ARKM is showing strong momentum with a 14% increase in the last 24 hours. Price is currently above the 25-day and 99-day moving averages, indicating a bullish trend. If ARKM maintains support above the $0.550 level, further upside is likely.

🎯 Target Levels:

1️⃣ Target 1: $0.650 – Testing the previous resistance. A break above could push the price higher.

2️⃣ Target 2: $0.720 – Retesting the recent high. If ARKM gains volume, this could be the next key resistance.

3️⃣ Target 3: $0.800 – A breakout beyond $0.750 may lead to a strong rally toward this psychological level.

📉 Support Levels:

$0.550: Short-term support $0.500: Strong support aligning with MA(25) $0.420: Previous low, acting as a key demand zone

📢 Conclusion: ARKM is in an uptrend with strong buying volume. A breakout above $0.650 could confirm further bullish momentum, while failure to hold $0.550 might lead to a retest of lower supports.

💡 Always manage risk and use stop-loss strategies when trading!

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