📉 ARKM/USDT | Sharp Decline – Break Below Key Support
The price closed at $0.156, down by -13.81% after trading between $0.181 and $0.151.
It is trading below all major moving averages: MA(7) 0.170, MA(25) 0.193, and MA(9) 0.240 – indicating strong bearish momentum and a break.
Holding below 0.160 → next target 0.151 (today's low) → 0.140.
Breaking above 0.165 → potential corrective bounce towards resistance MA(7) 0.170.
✅ Trading Plan
Entry for sell: 0.159–0.157 (on slight bounce)
First target: 0.150
Second target: 0.140
Stop loss: Above 0.165
Note: Sharp sell – avoid trying to catch the fall. Wait for stabilization before considering buying.
📌 Strong bearish trend – sell on rallies towards the broken support that has turned into resistance.
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