ARKM Technical Analysis
Arkham (ARKM) dropped to the lower border of the descending channel within which it has been trading for a long time, triggering a reactionary rally from there. While the price's recovery from the $0.40 range provides short-term relief, significant resistance levels stand above. The technical outlook suggests we are going through a phase that requires closer monitoring, particularly since the price is drawing near to breakout areas.
These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create trading opportunities in the short to medium term, depending on market conditions. However, the user is solely responsible for trading and risk management. Furthermore, using a stop-loss on shared trades is strongly recommended.