$CKB

/USDT Strong Dip Move ✨ Recovery Waves Loading 📈✅

$CKB is currently down, consolidating after a dip from the recent high of $0.004478. Strong volume (1.33B CKB) indicates active trading interest despite the retracement. The price is hovering above key short-term support at $0.00394, showing signs of a potential rebound.

Entry: $0.00400–$0.00415 (just above support and below key resistance).

Targets:

Target 1: $0.00438 — local resistance test.

Target 2: $0.00460 — breakout level and prior congestion zone.

Target 3: $0.00495 — next major resistance on breakout continuation.

Stop Loss: $0.00388 — below recent low, protecting against further breakdown.

Key Levels:

Support: $0.00394, $0.00388

Resistance: $0.00438, $0.00460

Pivot: $0.00420 — a close above this could fuel further upside.

Pro Tip: CKB reacts strongly to broader Layer 1 sentiment. Look for confirmation via volume and a sustained close above $0.00420 for bullish momentum. Avoid entries if price closes below $0.00388 on increased sell volume. Consider laddering entries to manage volatility.

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