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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🎉【Gate Singapore Flagship Events · Square Fun Quiz Challenge Day 2】
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📖 Day 1 · Quiz (Single Choic
#ARKM# /USDT Technical View
$ARKM has been moving sideways for a long time, testing the patience of investors. As seen on the chart, the $0.30 level stands out as a strong support. It can be said that the trend is maintained as long as it does not fall below this zone.
The most critical threshold in the short term is the 0.70 $ resistance area. If this level is surpassed, there is potential for the price to accelerate quickly up to the 1.15 $ level. In the medium-term outlook, the main important level will be the 1.45 $ resistance. Breaking this barrier could signal the beginning of a new upward trend for ARKM.
In summary; the volume accumulated in the support zone is noteworthy and gradual upward movements can be expected. However, if the support at 0.30 $ is lost, the scenario may change negatively.
📌 It will be beneficial for investors to closely monitor future volume closures, especially above $0.70.
#Altcoin # Crypto