Binance Technical Analysis: ARKM/USDT 🚀

ARKM/USDT has been showing significant bullish momentum recently, with a solid +21.94% price increase in the last 24 hours. Let’s break down the technicals and explore the key targets for potential price action in the short term.

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📊 Key Levels to Watch:

Current Price: 2.029 USDT

24h High: 2.068 USDT

24h Low: 1.617 USDT

Volume (ARKM): 32.37M

Volume (USDT): 57.88M

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🎯 Target 1: Support Zone at 1.782 USDT

The SAR (Stop and Reverse) indicator is showing a support level at 1.782 USDT. If ARKM/USDT pulls back, this is a key level where the price could stabilize and bounce. Watch this zone for potential buying opportunities.

🎯 Target 2: Resistance at 2.068 USDT

The 24h high is at 2.068 USDT, which is a clear resistance point. If ARKM/USDT continues its upward momentum, breaking this level could open the door for further gains. A successful breakout above 2.068 could target the next resistance zone.

🎯 Target 3: Next Resistance at 2.10 – 2.12 USDT

Should ARKM/USDT surpass the 2.068 resistance, the next key resistance range lies between 2.10 – 2.12 USDT. A strong move above these levels could potentially push the price higher, with strong bullish momentum continuing in the short-term.

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$ARKM