$CTK
Spot Entry Position
Entry Price: Enter around $1.20, where it currently holds. 💵
Stop Loss (SL)Primary SL: $0.95, just below recent support levels to minimize potential losses. 🛑
Secondary SL: $0.68, in case of a sharp downturn, based on strong historical support. 🚨
Take Profit (TP) LevelsTP1: $1.50 – Near the lower end of historical resistance, capturing short-term gains.
🎯TP2: $1.73 – At recent high resistance, a moderate target.
📈TP3: $2.00 – Beyond recent resistance, for a higher risk-reward ratio. 🚀
This strategy aims to capitalize on short-term gains while managing risk through strategic stop-loss placements. Always conduct your own research and consider your risk tolerance before trading.