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$ARK : The TRUTH they don't want you to know🐋
We're witnessing a BEARISH trend, with ARK trading below the EMA200, indicating a potential downtrend. The current price of 0.2588 is a critical level, with normal volume and extreme volatility. It's time to take a closer look at the chart and make a move!💰
ARK | SHORT🔴
💰Price: $0.26
📊Market Dashboard:
• Vol: $999.50K | OI: $1.19M
• Range: 0.25 - 0.26
• Funding: 0.0050%
• Mark: 0.2588 | Index: 0.25890345
🎯Entry Zone: 0.2620 - 0.2650 (Above current price for a short entry)
🛑Stop Loss: 0.2712 (Calculation: 1.5x ATR (0.0054) above the entry zone)
💰Targets:
1. 0.2450 (TP1: Below the current range, a safe target)
2. 0.2350 (TP2: A swing low, providing a reasonable target)
3. 0.2200 (TP3: A moonbag target, for the bold traders)
⚖️Leverage: Cross 5x-7x (Adjusted for Extreme (2.08%) Volatility)
🔑Key Drivers:
- BEARISH trend below EMA200
- Normal volume with extreme volatility
- Neutral whale sentiment
⚠️RISK WARNING: High leverage = High risk. Manage your bankroll!
⚠️CTA:👉Betting my lunch money on this? Check the chart👇
#ARK #cryptotrading #ShortSqueeze