$CTK /USDT SHORT TRADE SIGNAL: REJECTION FROM RESISTANCE, DROP INCOMING!
CTK faced a sharp rejection from the $0.4966 resistance zone, confirming bearish pressure after a strong upside move. Price failed to reclaim $0.4870 and is now forming a lower high, signaling potential continuation to the downside.
Trade Setup:
Short Entry: $0.4870
Take Profit (TP): $0.4572
Stop Loss (SL): $0.4966
Outlook:
After a powerful spike, CTK is showing signs of exhaustion with clear rejection wicks and a drop in bullish momentum. If support near $0.4700 breaks, a drop toward $0.4572 is likely before bulls attempt another leg.
Command: Ride the wave down — momentum favors the bears!
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