📈 ARKMUSDT Perpetual Analysis 📉
Hey Binance Square traders! 👋 Looking at this 15m chart for ARKMUSDT, the price is showing clear bearish momentum. It's dropped from a high of ~0.1144 to the current 0.1047, sitting below key MAs: MA7 (0.1063) 🔴, MA25 (0.1079) 🔴, and MA99 (0.1091) 🔴 – all sloping downward. Recent candles are mostly red with wicks testing lower supports, and volume is steady at ~3.68B without a bullish spike. The 24h low at 0.1020 could act as near-term support, but overall, this looks like a continuation of the downtrend amid potential market pressure. No strong reversal signs yet – watch for a break below 0.1020 for more downside! ⚠️
🚨 Short Signal 🚨
Entry Point: 0.1045 (wait for confirmation on pullback) 📉
TP1: 0.1030 💰
TP2: 0.1015 💰💰
TP3: 0.1000 💰💰💰
SL: 0.1065 (above MA7 for safety) 🛑
Risk management first – use 1-2% of your capital!
Click below to enter the trade👇👇👇
🐻🐂
#ARKMUSDT #CryptoTrading #KevinWarshNominationBullOrBear #USIranWarEscalation