Quick Profit Trading Signal Setup For
$CKB Entry Range: $0.00655 - $0.00670
Action: Sell 📉
SL (Stop Loss): $0.00700
TP 1: $0.00630
TP 2: $0.00610
TP 3: $0.00585
🥂 Trade Now
$CKB 🚨 Note: Trade at your own risk. DYOR.
Bearish Momentum: CKB is down 7.66% in the last 24 hours, signaling increased selling pressure.
Volume Decline: The 66.06% drop in trading volume indicates weakening buying interest.
Resistance Levels:
$0.00670 - $0.00700 is acting as a strong resistance zone where price has failed to break multiple times.
If the price gets rejected here, we can expect further downside.
Support Levels:
$0.00630 (Recent Low)
$0.00610 (Psychological Support)
$0.00585 (Deeper Retracement Level)
Reversal Possibility Trade Setup (Bullish Scenario):
If CKB breaks above $0.00700 and holds, a long trade could be considered:
Entry Range: $0.00705 - $0.00720
Action: Buy 📈
SL: $0.00685
TP 1: $0.00750
TP 2: $0.00780
TP 3: $0.00810
Reason for Reversal:
Breakout Confirmation: If CKB flips $0.00700 into support, bulls may push the price higher.
Oversold Conditions: If selling pressure fades near $0.00630, a bounce is likely.
Increased Buying Volume: A surge in volume could indicate a trend shift.
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