$ARK just ripped 14.4% in the last 4h and nobody’s talking about the shorts getting squeezed.
$0.2035 now, +13.31% on $2.29M volume. That’s 1.6x the 20-day average, with price holding above both the 20d and 50d MAs. Clean momentum. 📈
But RSI is 76.
Overheated, not dead. Funding is -0.198%, so shorts are still paying while price climbs. That’s the part most are missing. Even $BNB isn’t showing this same squeeze setup right now.
At $0.20, I’d watch for a hold. Lose it and I’m not chasing.
#ARK #Crypto
$0.2035 now, +13.31% on $2.29M volume. That’s 1.6x the 20-day average, with price holding above both the 20d and 50d MAs. Clean momentum. 📈
But RSI is 76.
Overheated, not dead. Funding is -0.198%, so shorts are still paying while price climbs. That’s the part most are missing. Even $BNB isn’t showing this same squeeze setup right now.
At $0.20, I’d watch for a hold. Lose it and I’m not chasing.
#ARK #Crypto