$ARK JUMPS BY 50%+: Resistance Breakthrough and Bears Liquidation!
While the broader crypto market moves in consolidation, the $ARK token put on a real show for spot and derivatives lovers, delivering a vertical surge of more than 50%!
📊 What happened on the charts?
• Technical breakthrough: The price powerfully broke through a key resistance level at $0.227.
• Trading volumes: Intraday trading activity jumped by 188%, indicating the entry of large market players (market makers).
• Short liquidation: A vertical “green candle” literally swept away the bears’ stops, triggering a classic short squeeze and shifting the hourly and 4-hour trends into a strong “bullish” impulse mode.
Strategy and levels for traders:
• Support zone: It’s now critical to hold the $0.25 – $0.26 range. If the bulls defend this area, the momentum will continue.
• Next targets: The next goal for the upward move is a retest of the $0.30 – $0.32 zone.
• Risks: The RSI indicator is approaching the overbought area. If the $0.23 level is lost, a quick pullback to $0.20 is possible to cool down the market.
#ARK #CryptoNewss #TradingCommunity #Spot #TrendingTopic
While the broader crypto market moves in consolidation, the $ARK token put on a real show for spot and derivatives lovers, delivering a vertical surge of more than 50%!
📊 What happened on the charts?
• Technical breakthrough: The price powerfully broke through a key resistance level at $0.227.
• Trading volumes: Intraday trading activity jumped by 188%, indicating the entry of large market players (market makers).
• Short liquidation: A vertical “green candle” literally swept away the bears’ stops, triggering a classic short squeeze and shifting the hourly and 4-hour trends into a strong “bullish” impulse mode.
Strategy and levels for traders:
• Support zone: It’s now critical to hold the $0.25 – $0.26 range. If the bulls defend this area, the momentum will continue.
• Next targets: The next goal for the upward move is a retest of the $0.30 – $0.32 zone.
• Risks: The RSI indicator is approaching the overbought area. If the $0.23 level is lost, a quick pullback to $0.20 is possible to cool down the market.
#ARK #CryptoNewss #TradingCommunity #Spot #TrendingTopic
