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$CKB /USDT is currently showing a strong bullish momentum, with the price consolidating around $0.014488 after a sharp increase. For traders looking to enter a long position, a pullback to the support zone between $0.0140 â $0.0142 offers a potential buying opportunity. If the price holds in this range, traders can target the resistance level at $0.0149 â $0.0150 for profit, while setting a stop loss at $0.0138 to manage risk in case of further downside.
For those considering short trades, if the price approaches the resistance zone near $0.0149 â $0.0150 without sufficient volume or momentum, a reversal could occur. In this scenario, entering a short position with a target around the support zone of $0.0140 â $0.0138 and a stop loss above $0.0152 can offer a balanced risk-reward setup. Monitoring volume and market sentiment will be key in determining the strength of either breakout or reversal.
