🚨 $ARKM Clear Downtrend
Given the extreme oversold readings on short-term RSI and KDJ, an immediate short entry is risky for a bounce. A more optimal strategy is to wait for a minor pullback towards the nearest resistance to improve the risk-reward ratio.
Entry short $ARKM : rejection of confluence zone around 0.130-0.133. A more aggressive entry could be on a break below recent low 0.125
Stop-Loss: above key resistance zone at 0.136
Target Price $ARKM : 0.123-0.120 support zone
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ARKMUSDT
Διην.
0.1181
-6.34%