📉 ARKM/USDT | Sharp Decline – Breaking Below Key Support
Price closed at $0.156, down -13.81% after trading between $0.181 and $0.151.
Trading below all key moving averages: MA(7) $0.170, MA(25) $0.193, and MA(9) $0.240 – indicating strong bearish momentum and breakdown.
Hold below $0.160 → next target $0.151 (today's low) → $0.140.
Break above $0.165 → possible relief bounce toward $0.170 MA(7) resistance.
✅ Trade Plan
Short Entry: $0.159–$0.157 (on minor bounce)
Target 1: $0.150
Target 2: $0.140
Stop Loss: Above $0.165
Note: Sharp sell-off – avoid catching falling knife. Wait for stabilization before considering longs.
📌 Strong downtrend – sell rallies toward broken support turned resistance.
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