$ARKM textbook bearish divergence playing out on the 4H. Price made a higher high, RSI made a lower high. Distribution done. Drop incoming. 📉

Price rallied into the $0.1500 resistance zone and got immediately rejected. RSI was already rolling over before price peaked. Now we're back at $0.1384 and the structure is breaking down.

Full short setup 👇

🔴 Entry: $0.1384

🎯 TP1: $0.13

🎯 TP2: $0.12

🎯 TP3: $0.111

🛑 SL: $0.15 (above resistance)

Risk is tight above the $0.15 resistance zone. RSI divergence + major resistance rejection + lower highs forming = three reasons not to be long here.

The bulls had their chance. They failed at $0.15. Now it's the bears' turn. 🐻

Not financial advice, always manage your risk.