💎 ARK has recently exhibited significant market dynamics. Presently, ARK is encountering resistance in its price action.
💎 To regain bullish momentum, ARK must successfully break above this resistance level and reclaim its position. Doing so could signal a return to an upward trajectory, with probability movement towards our target area.
💎 However, should ARK fail to overcome the resistance and experience rejection, there's a likelihood of a retracement towards the support area around $0.98.
💎 When ARK approaches the support area, it becomes imperative for it to rebound from this level. Failing to hold above this support could lead to continued downward movement, potentially towards stronger support zones.