Price is gradually approaching the resistance area. Let's monitor how the price responds to the resistance zone and observe the market dynamics. A potential rejection from the resistance area may lead to a retreat towards the support region.
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ARKM analysis:
Price is gradually approaching the resistance area. Let's monitor how the price responds to the resistance zone and observe the market dynamics. A potential rejection from the resistance area may lead to a retreat towards the support region.
Support Area: $0.438-$0.46
Resistance Area: $0.55-$0.57