Arkham/Tether (ARKMUSDT) 24-Hour Market Overview

• Price rose from 0.362 to 0.377 on a sharp breakout, with strong volume and momentum.
• A bullish engulfing pattern formed near 0.361–0.368, confirming a short-term reversal.
• Volatility expanded through Bollinger Bands, with RSI hitting overbought conditions.
• Turnover surged at key levels, especially during the 05:30–09:30 ET rally.
• 0.367 and 0.372 acted as dynamic support/resistance; 0.361 is key for trend validation.

24-Hour Summary

Arkham/Tether (ARKMUSDT) opened at 0.362 on 2025-10-25 12:00 ET, reached a high of 0.377 on 2025-10-26 11:45 ET, and closed at 0.374 as of 2025-10-26 12:00 ET. Total traded volume amounted to ~6,076,933.7 and notional turnover was ~2,200,845.5. The pair experienced a bullish reversal with increasing momentum and volatility.

Structure & Formations

Price action on ARKMUSDT formed a strong bullish engulfing pattern around 0.361–0.368, following a consolidation phase. The 0.361 level acted as a critical support zone, where price bounced multiple times, forming a potential base for a short-term uptrend. A doji was observed near 0.368, suggesting indecision after a strong rally. Resistance levels emerged at 0.368, 0.372, and 0.376, with the 0.376 level showing initial rejection.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed above the price during the early morning (ET), signaling short-term bullish momentum. The 50-period MA acted as dynamic support during the consolidation phase. On the daily timeframe, the 50-period and 100-period MAs are aligned slightly below the 200-period MA, suggesting a possible long-term bullish bias if the recent rally is confirmed.

MACD & RSI

MACD showed a strong positive crossover late at night (ET), aligning with the breakout from the 0.361–0.368 range. RSI pushed into overbought territory (~75–78) during the early morning surge, which may indicate a pullback could be imminent. However, the sustained volume during the move suggests buyers are in control, and RSI may remain elevated for a while.

Bollinger Bands

Bollinger Bands widened significantly during the rally from 0.362 to 0.377, indicating a rise in volatility. Price traded above the upper band for multiple 15-minute intervals, especially during the 05:30–09:30 ET window. This suggests a strong bullish trend is underway, and further widening of the bands could indicate continuation or exhaustion depending on volume and momentum.

Volume & Turnover

Volume spiked during key breakout moments, especially between 05:30 and 09:30 ET, when price rose from 0.364 to 0.373. Turnover also surged during this period, confirming the strength of the move. No major divergence was observed between price and volume, suggesting buyers remain active. The consolidation phase before the rally saw relatively lower volume, indicating accumulation.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing from 0.361 to 0.377, price retested the 0.368 level (61.8% retracement) and continued higher. The 0.372 level (50% retracement) acted as a minor resistance and support, reinforcing its importance. A further retest of the 0.368–0.369 zone could confirm the continuation of the bullish trend.

Backtest Hypothesis

Given the recent breakout from a key support level and the confirmation by MACD and volume, a backtesting strategy could be built around a long-bias entry at a retest of 0.368, with a stop loss just below 0.361 and a target aligned with the 0.376–0.377 resistance zone. A trailing stop could be used to capture momentum during the continuation phase. This strategy would benefit from monitoring RSI to avoid entering overbought territory and from using Fibonacci levels to set targets and manage risk dynamically.