Arken World narxiARK

$ARK /USDT – SHORT UPDATE FOR FOLLOWERS Just a quick breakdown for you all — after that sharp push up, $ARK is now slowing down near the 0.3000 zone, showing signs of hesitation with small candles forming at the top. This kind of cooling often shows buyers losing momentum and a possible pullback setting in before the next move forms. Trade Setup • Entry: 0.2960 – 0.2975 • Take Profit: 0.2890 • Stop Loss: 0.3008

$ARK is trading at 0.2873 up +2.83 percent with a 24h high of 0.2948 and a 24h low of 0.2767 24h volume sits at 48.76K ARK with 13.89K USDT turnover On the 15m chart ARK recently hit 0.2948 before pulling back with price now hovering near the MA levels MA5 MA10 and MA20 are tight indicating short term consolidation Performance shows +1.52 percent today +10.03 percent in 7 days but the 30 day 90 day and 180 day trends remain negative ARK is showing a mild intraday recovery while still in a broader downward structure $ARK

$ARK is currently consolidating within a descending triangle pattern, a setup that often signals a decisive move is approaching. After weeks of sustained downward pressure, the price has found solid support at the horizontal demand zone, where buyers are beginning to step in and defend the level. This accumulation phase suggests growing interest from traders anticipating a potential trend reversal. The weekly chart reveals a well-defined descending resistance trendline that has consistently capped ARK’s attempts to move higher. However, the recent rebound from the demand zone near the $0.30 region is a positive technical sign, indicating that selling momentum is weakening. A strong breakout above the triangle’s resistance trendline, ideally accompanied by an increase in trading volume, would confirm a bullish shift in market structure. Such a move could open the door for ARK to target higher resistance levels around $0.45 and $0.55 in the short to medium term. On the other hand, failure to break above this resistance could see the price continue to oscillate within the pattern or even retest the support zone once more. Traders should therefore watch for a decisive weekly candle close above the descending trendline to validate bullish continuation. In conclusion, $ARK is approaching a critical juncture. The convergence of declining resistance and strong horizontal support suggests that a major breakout could be imminent. A confirmed move above the descending triangle would likely attract renewed market attention, signaling the potential start of a new bullish phase for ARK.

$ARK is currently consolidating within a descending triangle pattern, a setup that often signals a decisive move is approaching. After weeks of sustained downward pressure, the price has found solid support at the horizontal demand zone, where buyers are beginning to step in and defend the level. This accumulation phase suggests growing interest from traders anticipating a potential trend reversal. The weekly chart reveals a well-defined descending resistance trendline that has consistently capped ARK’s attempts to move higher. However, the recent rebound from the demand zone near the $0.30 region is a positive technical sign, indicating that selling momentum is weakening. A strong breakout above the triangle’s resistance trendline, ideally accompanied by an increase in trading volume, would confirm a bullish shift in market structure. Such a move could open the door for ARK to target higher resistance levels around $0.45 and $0.55 in the short to medium term. On the other hand, failure to break above this resistance could see the price continue to oscillate within the pattern or even retest the support zone once more. Traders should therefore watch for a decisive weekly candle close above the descending trendline to validate bullish continuation. In conclusion, $ARK is approaching a critical juncture. The convergence of declining resistance and strong horizontal support suggests that a major breakout could be imminent. A confirmed move above the descending triangle would likely attract renewed market attention, signaling the potential start of a new bullish phase for ARK.