Arkham ($ARK) has been consolidating within a large symmetrical triangle pattern for an extended period, indicating a potential breakout. The cryptocurrency has been forming higher lows and lower highs, suggesting a decisive move may be imminent. After experiencing a significant decline, ARK entered a consolidation phase and has been trading within the triangle, testing both the resistance and support lines. There have been attempts at breaking the trend, but the asset has been unable to sustain momentum. The current price of ARK is near the triangle's apex, where a breakout or crash could occur. Symmetrical triangles often result in sharp price movements once compression ends, but there is no directional bias in the current pattern. Traders are preparing for a significant move as price swings decrease. Key price zones are being closely monitored, and a breakout above resistance could attract bullish momentum, while a drop below support may indicate further downside risks. Traders should wait for confirmation signals before taking any positions, as compression phases typically precede volatile movements.



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