Market Overview for Arkham (ARKMUSDT) on 2025-07-26

• Arkham (ARKMUSDT) surged 7.8% over 24 hours, breaking above 0.54 and forming a bullish continuation pattern.
• Volume expanded significantly during the rally, confirming strength above key resistance at 0.545.
• RSI remains in overbought territory, suggesting potential for consolidation or pullback.
• Price traded within a tightening Bollinger Band range before the breakout, indicating pent-up buying pressure.
• MACD turned positive and crossed the signal line, reinforcing upward momentum for now.

Arkham (ARKMUSDT) opened at 0.51 on 2025-07-25 12:00 ET and closed at 0.55 on 2025-07-26 12:00 ET, reaching a high of 0.554 and a low of 0.507. Total volume was 16,413,124.8 with a notional turnover of approximately $8,742,980. The price action reflected strong buying pressure late in the 24-hour window.

Structure & Formations

Price formed a bullish continuation pattern following a consolidation phase between 0.52 and 0.54. A key resistance at 0.545 was decisively broken, followed by a test at 0.55. Support appears to be forming around 0.542–0.543, as seen in the late-night pullback. A bearish engulfing pattern was observed near 0.552, suggesting caution for short-term traders.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended upward, with price holding above both. This indicates a short-term bullish bias. On the daily chart, price remains above the 50 and 100-period moving averages, though it is closing in on the 200-period MA, which could act as a psychological support in the near term.

MACD & RSI

The MACD turned positive and crossed above the signal line during the rally, reinforcing the bullish momentum. RSI, however, reached overbought territory (above 70), suggesting a potential short-term pullback or consolidation phase. This divergence between momentum and price could signal a pause before the next leg higher.

Bollinger Bands

Price traded within a contracting Bollinger Band range during the early part of the 24-hour period, indicating low volatility and a buildup of buying pressure. The breakout above the upper band occurred at 0.545, and price continued to trade near the upper boundary, suggesting continued bullish sentiment.

Volume & Turnover

Volume spiked sharply during the breakout above 0.545 and remained elevated throughout the 24-hour window. Notional turnover also increased, aligning with price action and confirming the strength of the move. No significant divergence was observed between volume and price, supporting the idea of a healthy bullish trend.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.507 to 0.554, the 61.8% retracement level is around 0.532. Price has held above this level, suggesting continued strength. On the daily chart, the 38.2% and 61.8% retracement levels from the recent bearish move appear to be at 0.537 and 0.525, respectively, and could become relevant in the near term.

ARKMUSDT may continue to test higher resistance levels in the next 24 hours, potentially aiming for 0.555–0.56, but a pullback to 0.542–0.543 could offer a more favorable entry for longs. Traders should remain cautious of overbought RSI and potential short-term profit-taking.