🚀 ARKM/USDT Long Trade Setup 🚀
A bullish opportunity is forming on ARKM/USDT — here’s the detailed setup:
🔹 Descending Channel Formation:
ARKM has been moving within a descending channel, a pattern that often leads to strong bullish breakouts.
🔹 Breakout Completed:
The price has already broken out above the descending channel, signaling a potential shift in trend.
🔹 Retesting Key Support:
Currently, ARKM is retesting the $0.5960 support level. Holding this level is critical for confirming the breakout.
🔹 Entry Plan:
We are waiting for a daily candle to successfully hold above the $0.5960 support.
Once confirmed, we will look to open a long position.
🔹 Target:
🎯 First major target is set at $0.65+.
Further upside will be evaluated based on momentum.
🔹 Risk Management:
Always apply proper stop-loss and risk-reward management based on your entry and leverage.
🔹 Setup Note:
⚡ This is a trade setup, not a live entry signal.
⚡ Wait for daily confirmation before taking action.
👉 For more trade setups and insights, make sure to follow!
