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Something is definitely brewing with $ARKM here.
We just saw a massive spike up to 0.153 and now the price is cooling off around 0.133. The interesting part is how we’re holding above that previous resistance zone. It looks like the bulls are trying to flip it into a solid floor.
The daily trend shifted hard after bottoming at 0.091 and volume is actually showing some life for once. If we can consolidate here without losing the 0.125 area, that next leg up could be even more aggressive than the last one.
I'm watching to see if this is just a bull flag forming or if the momentum is starting to fade. If we lose 0.128 on the daily close, I'll be stepping back to wait for a better entry.
Who managed to catch that wick to 0.15 or did you guys miss the move?
#WCTCTradingChallengeShare8MUSDT