ARKUSDT: Is the Bullish Momentum on Thin Ice? Yello, Paradisers! #ARKUSDT is making waves again, but is it gearing up for a major breakout, or are we on the brink of a deeper correction? Let’s dive into the details to prepare for what’s next.
💎#ARK has shown a strong rebound from the support zone, signaling a potential continuation of its bullish movement. However, for ARK to confirm a bullish structure, it must break above the minor resistance at $0.671. If this breakout happens, ARK could rally toward the major resistance zone, marking a successful upward trajectory.
💎But what if ARK fails to break this resistance? Even if the price climbs to test the $0.671 level, a rejection could lead to a retest of the support area between $0.44 and $0.40. Historically, this zone has been respected multiple times, with the price consistently rebounding.
💎The critical risk emerges if ARK fails to rebound and breaks below the support area. A breakdown here would signal the loss of the higher low (HL) structure, likely turning the price bearish. In this scenario, ARK could continue its decline toward the major support zone at $0.30–$0.26. As long as ARK remains above this range, there’s still potential for a rebound.
💎However, if ARK’s daily candle closes below $0.26, the bullish case becomes invalidated. This would confirm a bearish trend, with the price likely to continue dipping further.
Stay focused and disciplined, Paradisers. Analyze the levels carefully, and always wait for confirmation. 🎖
MyCryptoParadise
iFeel the success🌴
