đ¨ $CTK /USDT on the Verge of Breakout: Critical Levels and Trade Setup! đ¨
The CTK/USDT pair on the 15-minute Binance chart shows a sharp rebound from the $0.5495 low, suggesting a potential bullish momentum building. The price is now approaching a key resistance zone at $0.5900, where a breakout could signal further upside movement.
đĄ Key Levels to Watch:
⢠Resistance: $0.5900 â A breakout above this could push the price toward $0.6000, offering long trade opportunities.
⢠Support: $0.5650 â If the price retraces, this level must hold to prevent a deeper decline.
đ Entry Strategy:
⢠Long Entry: If the price sustains above $0.5900, you can enter a long position targeting $0.6100. Use a stop-loss at $0.5800 to manage risk.
⢠Short Entry: If rejected at $0.5900, short positions could aim for $0.5700, with a stop-loss at $0.6000 to protect from sudden bullish reversals.
The rising volume signals increasing interest, so stay vigilant for potential sharp movements!
#BTCSoarsTo68K #SCRSpotTradingOnBinance #BNBRisesTo600 #CanaryLitecoinETF #APESurge
