$ARKM /USDT (Arkham) on the 1D timeframe, here's a technical breakdown and interpretation:

๐Ÿช™ ARKM/USDT โ€“ Daily Chart Snapshot

Current Price: $0.744

Key Context: The chart appears to be operating within a long-term parallel channel, with an important midline influencing trend behavior.

Mentioned Levels:

Targeting Area: $2.000 โ†’ $60.000 (likely long-term targets)

Important Support / Invalidation Zone: Below $0.744 (possibly $0.300โ€“$0.140)

Quantum RS Markers (likely volatility or fib zones):

โ–ฒ$59.475

$114.304

$75.455

-1,000.000 โ€“ might be an error or abstract projection

๐Ÿ” Key Levels Summary

TypeLevel (USDT)Notes๐Ÿšฉ Resistance$2.00โ€“$5.00First real upside target zoneโš ๏ธ Mid Trend$0.744Current price โ€“ critical pivot zoneโŒ InvalidationBelow $0.300Drop below this weakens trend๐Ÿงฑ Support$0.140โ€“$0.300Long-term support zone

๐Ÿ“ˆ Chart Structure Insights

Parallel Channel Midline: Strong reaction zone; trend often pivots here.

If price holds above $0.744, structure supports a potential bullish continuation.

If price breaks below and closes under $0.300, it invalidates the bullish trend.

Targets such as $2.00, $5.00, and beyond likely reflect speculative upside zones if the uptrend gains momentum.

๐Ÿ”ฎ Outlook Scenarios

โœ… Bullish Case

Holds above $0.744

Break and close above $1.00 โ†’ $2.00

Target long-term resistance zones up to $5.00 and beyond if volume supports

โŒ Bearish Case

Breakdown under $0.744 โ†’ $0.300

Below $0.300 would invalidate structure

Potential revisit of lower zones: $0.140 or even $0.060

โš ๏ธ Trade Consideration

If you're looking to enter or manage a trade:

Entry near $0.74 = tight invalidation risk

Stop-loss: below $0.30

Short-term targets: $1.00โ€“$2.00

Long-term hold: Could aim for $5+ if momentum builds

Would you like a detailed swing trade setup or help mapping this out on a visual chart?

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