ARKM/USDT Keep an eye on the key area. The price will retest?
💎 ARKM has recently demonstrated significant market dynamics, breaking its all-time high (ATH) with a notable upward movement. However, a retesting phase may be imminent.
💎 The potential retest could occur at the Bullish Order Block (OB) area. If this retest is valid and the price bounces, it probability could signal further upward movement towards our target area.
💎 Conversely, if ARKM retraces to the Bullish OB area but fails to bounce, or worse, breaks down below this area, it could indicate a reversal in the upward trend. In such a scenario, the price may continue downward toward the demand area.
💎 The demand area is a crucial level, as a bounce from this zone is necessary to sustain the upward momentum. If ARKM breaks below the demand area, it may signify a shift back to a bearish trend, with the price likely to decline further.
💎 The potential retest could occur at the Bullish Order Block (OB) area. If this retest is valid and the price bounces, it probability could signal further upward movement towards our target area.
💎 Conversely, if ARKM retraces to the Bullish OB area but fails to bounce, or worse, breaks down below this area, it could indicate a reversal in the upward trend. In such a scenario, the price may continue downward toward the demand area.
💎 The demand area is a crucial level, as a bounce from this zone is necessary to sustain the upward momentum. If ARKM breaks below the demand area, it may signify a shift back to a bearish trend, with the price likely to decline further.
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