$ARKM /USDT Trade Signal - Potential Short Setup 🔥💯
Entry: $1.470 Stop Loss (SL): $1.510 Take Profit (TP): • TP1: $1.430 • TP2: $1.400
Analysis: • The price is trending within a descending channel (marked in blue). • Current rejection at the upper trendline suggests a shorting opportunity. • RSI shows potential bearish divergence on lower timeframes.
Risk Management: • Maintain a 1:2 risk-to-reward ratio. • Secure partial profits at TP1 and move SL to breakeven.
Note: Monitor price action near the $1.400 support for any reversal signals.