Arkham (ARKM) Structure Analysis (1D)

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Interesting chart for ARKMUSDT
Apologies for the trendlines mess, but they're all potentially relevant.

Watch for
• Bounce at ~$0.49 (0.786 Fib)
• Break above the yellow and orange resistance trendlines (~$0.57)

These conditions could form a Cup & Handle pattern and lead to a retest of the $0.80-$0.85 supply zone.

If that it broken, it could set the next target to ~$1.25.

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Ghi chú

4H zoom-in showing a clear RSI bull divergence as the price retested the ~$0.49 (0.786 Fib) support zone.
Confluence keeps adding up, and this is starting to look more and more like a high-conviction setup.

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Ghi chú

ARKM holding support while breaking RSI downtrend on the daily.
Watch it closely.