Price Structure: Both timeframes indicate that ARKM is maintaining a solid short-term bullish structure. The current price ($0.1423 - $0.1425) is completely above a cluster of three moving averages (MA7, MA25, MA99), making the area around $0.1405 - $0.1418 an extremely strong dynamic support zone.
Indicators:
MACD (1H): The DIF line has crossed above the DEA and is above 0, with the Histogram staying green, supporting continued buying pressure.
RSI (6): Reached around 63 - 65, showing that the bulls are clearly in control but haven't entered the dangerous overbought zone yet.
Main Strategy: Prioritize LONG (Buy) orders in line with the current market growth structure.
🎯 ARKM/USDT Trading Plan 🟢 LONG (Buy) $0.1415 - $0.1425 TP2: $0.1485 Recommended. Enter the trade at the current price or consider scaling in lightly if there’s a slight retest towards the MA cluster. SL should be safely placed below the previous candle wick.
🔴 SHORT (Sell) $0.1400 (Only Short if support breaks) $0.1425 TP1: $0.1360
TP2: $0.1335 High-risk strategy. Only activate if the candle closes below the MA cluster (below $0.1405) to catch the wave down to the previous low. $ARKM
Indicators:
MACD (1H): The DIF line has crossed above the DEA and is above 0, with the Histogram staying green, supporting continued buying pressure.
RSI (6): Reached around 63 - 65, showing that the bulls are clearly in control but haven't entered the dangerous overbought zone yet.
Main Strategy: Prioritize LONG (Buy) orders in line with the current market growth structure.
🎯 ARKM/USDT Trading Plan 🟢 LONG (Buy) $0.1415 - $0.1425 TP2: $0.1485 Recommended. Enter the trade at the current price or consider scaling in lightly if there’s a slight retest towards the MA cluster. SL should be safely placed below the previous candle wick.
🔴 SHORT (Sell) $0.1400 (Only Short if support breaks) $0.1425 TP1: $0.1360
TP2: $0.1335 High-risk strategy. Only activate if the candle closes below the MA cluster (below $0.1405) to catch the wave down to the previous low. $ARKM