$CTK /USDT – SHORT SETUP AS UPTREND WEAKENS NEAR RESISTANCE
Trade Setup (SHORT):
• Entry Zone: 0.3450 – 0.3480
• Target 1: 0.3330
• Target 2: 0.3220
• Stop Loss: 0.3525
Technical Analysis:
CTK has tested the upper resistance zone near 0.3494 but failed to break above with strong volume. The price is now forming lower highs on the lower timeframes, signaling potential weakness. A drop below 0.3400 could trigger a sharper decline.
Risk Insight: Always use a tight stop — rejection candles at resistance may confirm a trend reversal.
$CTK