💎 ARKM has undoubtedly captured our attention, having broken the descending channel pattern. Following this breakout, ARKM engaged in a retesting phase, subsequently experiencing a robust surge, validating the retesting process.
💎 It's plausible that ARKM will approach the formidable resistance zone, attempting a decisive breakout. If successful, Probability we might witness another significant rally, facilitating a smooth ascent towards the target bearish OB area.
💎 Conversely, a concerning development would occur if ARKM retraces to the demand zone without demonstrating any bullish rejection or bounce. Such behavior could signal ARKM's potential failure to uphold the demand zone, reverting to bearish momentum. Under these circumstances, ARKM could be primed for a downward trajectory, revisiting previous support levels or even descending towards critical support zones.