$CKB / USDT – ⬆️ Showing Bullish Intent! ⬆️
$CKB is exhibiting some encouraging signs on the 4-hour chart, breaking above a recent resistance level with decent volume. This could signal a potential shift towards an upward trend.
Possible Trading Idea:
Entry Zone: Around the current price of $0.005150 - $0.005170
Target 1: $0.005250
Target 2: $0.005350
Potential Higher Target: $0.005450+ (watching previous highs)
Stop Loss: $0.005080 (below the recent breakout level)
Market Analysis:
The recent green candles, especially the one breaking above the previous highs, suggest increasing buying pressure. Keep an eye on sustained volume for confirmation.
Risk Management:
Remember to always set a stop loss to protect your capital. Market volatility can be significant.
