$CKB Is the cryptocurrency witnessing a breakthrough soon? 📈✨
This cryptocurrency has witnessed remarkable developments during 2024, recording significant increases
since February, which has attracted the interest of investors and analysts alike. Let's review the most important
price stations and technical analysis of this currency, focusing on support and resistance areas
and possible scenarios for its future movement.
🎯 Future scenarios:
Breaking resistance 0.017👈
If the price breaks 0.017 accompanied by an increase in trading volume, a new upward wave is likely to start targeting higher levels, which may reach 0.02 or more.
Breaking support 0.01👈
If the price breaks the 0.01 level with weak momentum and trading volume, the market may enter
in a downward trend, targeting lower levels such as 0.008.
💡 Recommendations and Strategies
Buy: Watch for a breakout of 0.017 level with strong trading volume before entering.
Stop: Set a stop loss when the support level 0.01 is broken.
Follow-up: Wait for more positive indicators such as increased trading volumes or a change in the direction of
MACD.
