ARKM/USDT Price shows downward momentum, Keep an eye on demand!

💎 ARKM has recently undergone significant market dynamics, notably breaking the support trendline. The recent upward movement appears to have been a retesting phase on the resistance before a continued downward trend.

💎 For traders, the optimal entry point may be waiting for the price to reach the demand area around $2.1. This area indicates a potential continuation of the downward movement from the current price level.

💎 However, if ARKM fails to bounce upon reaching the demand area, there's a possibility of further downward movement towards the Bullish Order Block (OB). In the Bullish OB, one can expect a strong bounce and a potential reversal to the upward movement.

💎 On the contrary, a bearish scenario would unfold if ARKM failed to sustain itself within the Bullish OB area, resulting in a breakdown.