$ARKM Perp

Price is fading after a sharp rejection from the top and is now testing a critical support zone.

Price update

Current price 0.2110

Change +0.19%

Intraday high 0.2223

Intraday low 0.2094

ARKMUSDT

Perp

0.2088

-4.96%

What’s happening

A strong push earlier failed near the highs and sellers stepped in aggressively. Volume increased on the drop, showing profit taking and distribution. Price is trading below key moving averages, keeping upside pressure weak.

Key levels

Support 0.2100 to 0.2085

Resistance 0.2215 then 0.2300

Trend

Bearish on the 4H timeframe, structure still weak.

Trade idea

If price holds above 0.2100, a short bounce toward 0.2215 to 0.2300 is possible.

If it breaks below 0.2085, downside continuation can follow.

Trade with patience and wait for clean confirmation.