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$ARK /USDT Bearish Breakdown – Trade Alert 🔥
Current Price: $0.1796
Entry Zone: $0.1800 to $0.1810 (confirmation below $0.1790 strengthens the setup)
Target 1: $0.1760 (next key support level)
Target 2: $0.1500 (extended downside potential)
Stop Loss: Above $0.1860
Trade Setup:
$ARK /USDT is showing a strong bearish momentum after reaching a high of $0.3898. The price has been trending downward, now testing key support levels around $0.1796. A clean break below $0.1790 could trigger further downside movement toward the $0.1760 support, and potentially deeper toward $0.1500 if the bearish trend persists.
Why This Setup?
The recent price action suggests a solid bearish continuation with decreasing volume and a failure to reclaim higher levels. Once $0.1790 breaks, the market is likely to follow through with further selling pressure. A great setup for short traders to capitalize on the breakdown.
Final Thought:
This is a high-reward scenario for traders looking to capitalize on ARK/USDT's bearish pressure. Watch for confirmation below $0.1790 to enter the trade with well-defined risk management.
#ARK