MyCryptoParadise_Simon

ARKM/USDT Already Broke Out of Descending Channel| What's Next?

Long
BINANCE:ARKMUSDT   ARKM / TetherUS
đź’ŽParadisers, let's dive into #ARKMUSDT, as the current market behavior presents a promising chance for a bullish rebound from its vital support zone.

đź’ŽAnalyzing #Arkham's recent market performance, we witness a consistent 48% drop from its last peak. Nevertheless, its tenacity at the support level of $0.514 shows the possibility for an upward trend.

đź’ŽDespite hurdles in setting new highs or surpassing previous achievements, which has created a short-term bearish outlook, the $0.514 mark is crucial for #ARKM. This level is on the edge of sparking a significant bullish momentum upon reevaluation.

đź’ŽAs proactive traders, we're always prepared with a backup plan. If #ARKM falls further from this support, we're expecting a bullish revival starting at the secondary support of $0.455. However, it's important to note, breaking this level might signal extended bearish phases.

đź’ŽStay adaptable in your trading approach and alert with the market movements, Paradisers. Your ParadiseTeam is actively watching, ready to guide you through these market fluctuations.
Trade closed: target reached:
Bingo! #ARKM is dancing to our tune, up 127.87% just like we predicted.
Comment:

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