๐ ARK/USDT โ Major Breakout, Now Facing Pullback
Current Price: $0.4194
24h Change: +10.89%
24h High / Low: $0.4774 / $0.3728
Moving Averages:
MA(7): $0.4311 (now resistance after rejection)
MA(25): $0.4051 (potential support)
MA(99): $0.3853 (solid support zone)
Chart Observations:
Explosive rally to $0.4774 followed by strong red candle โ profit-taking kicking in.
Volume surged but is now tapering.
Price dipped below MA(7), signaling short-term weakness.
๐ Trade Setup:
๐ป Setup: SHORT
๐ฅ Entry: $0.4194
๐ฏ Targets:
TP1: $0.4080
TP2: $0.3950
TP3: $0.3860
๐ก Stop Loss: $0.4325
๐ง Market Insight: ARKโs rally hit exhaustion near $0.48. Itโs now pulling back toward the 25 and 99 MA zones. If it fails to reclaim $0.43+, a full retrace toward $0.39 is likely.
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