ARKM/USDT Could ARKM bounce and continue upward ??
💎 ARKM's market trajectory has been a topic of interest in the crypto community. At present, ARKM is witnessing a rebound from its bullish trendline support, hinting at possible upward momentum.
💎 A key focus for ARKM is the resistance level range between 0.62 and 0.64. Successfully breaking through this barrier is crucial for ARKM to maintain its ascent and reach the anticipated strong resistance target area.
💎 However, there's a pivotal consideration for ARKM's future direction. If it fails to hold above the bullish trendline support and experiences a breakdown, this could signal a break in the current trend. Such a scenario could lead to a downward movement, heading towards the Bullish OB (Order Block) area.
💎 The Bullish OB area holds significant importance in this context. It acts as a critical juncture, where ARKM’s ability to bounce back or not will largely determine its market behavior. A failure to rebound from this zone could lead to a further breakdown, potentially confirming a shift to a bearish trend. This scenario could see ARKM descending towards the support area, with the possibility of even deeper declines.
💎 A key focus for ARKM is the resistance level range between 0.62 and 0.64. Successfully breaking through this barrier is crucial for ARKM to maintain its ascent and reach the anticipated strong resistance target area.
💎 However, there's a pivotal consideration for ARKM's future direction. If it fails to hold above the bullish trendline support and experiences a breakdown, this could signal a break in the current trend. Such a scenario could lead to a downward movement, heading towards the Bullish OB (Order Block) area.
💎 The Bullish OB area holds significant importance in this context. It acts as a critical juncture, where ARKM’s ability to bounce back or not will largely determine its market behavior. A failure to rebound from this zone could lead to a further breakdown, potentially confirming a shift to a bearish trend. This scenario could see ARKM descending towards the support area, with the possibility of even deeper declines.
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