Here's an update on ARKM/USDT in a daily timeframe.

30 Jul

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Now, let’s dive into this chart analysis:

ARKM is currently at the crucial support trendline, trying to hold the price above $1.32. The lower support at $1.18 remains intact, and we are likely to see a quick drop to that level followed by a rebound.

Strategy:

- Accumulation: $1.18 to CMP.
- Trade: Spot.
- Primary Resistance: 35 EMA ($1,57).
- Initial Target: $2.
- Long-term Target: $4.
- Invalidation: A close below the lower support line.

DYOR, NFA.

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