Market Outlook: $ARKM 15m Consolidation Phase
$ARKM is consolidating just below the recent swing high, signaling a potential bearish reversal if price fails to overcome resistance near 0.349. A rejection here could drive prices down toward support around 0.343.
The preferred scenario is a bearish setup triggered by reversal patterns below 0.349, targeting support at approximately 0.343. Conversely, a decisive break above 0.349 with strong follow-through may open a brief bullish opportunity toward resistance near 0.353, where selling pressure is expected. Watch for confirmations on lower timeframes before positioning. This is only the surface view. The full depth of analysis, with precise entries and TP/SL, is in the Finora Telegram bot.
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