$CKB

/USDT Technical Analysis & Trade Signal🔥💯

Current Price: $0.012629

Price Movement (24h): +2.91%

Technical Analysis:

Trend: Bullish short-term with upward momentum

Resistance Level (R1): $0.012956

Support Level (S1): $0.011952

EMA (50): Slight upward slope suggesting continuation of bullish momentum.

RSI: Approaching overbought region (currently near 70), caution advised for short-term profit-taking.

Trade Signal:

Buy: Above $0.01260, as the price remains above EMA support with rising volume.

Sell/Exit: Once price touches resistance level around $0.012950 or RSI shows overbought.

Target Levels:

1. Target 1 (T1): $0.012850 (Approaching R1)

2. Target 2 (T2): $0.013150 (Next potential resistance level)

3. Target 3 (T3): $0.013500 (Psychological level)

Momentum:

Bullish Momentum: Indicating strong upward move but watch for RSI to avoid overexposure.

Recommendation: Caution recommended if approaching the overbought zone; consider locking in profits near T1 and T2.

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