$CTK /USDT – Short Trade Entry Opportunity
CTK has broken down from its intraday support on the 15-min chart after failing to sustain the recent upward momentum. A continued decline is expected as bearish pressure builds.
Entry Price: $0.2284
Target 1: $0.2255
Target 2: $0.2235
Target 3: $0.2225
Stop Loss: $0.2318
Risk Management:
Keep tight control on your stop-loss and avoid over-positioning. The current setup favors momentum scalpers aiming for quick downside targets. Use appropriate leverage cautiously if trading futures.
Pro Tip for Followers:
Short trades work best in breakdown setups with rising volume. Wait for a candle close below the support level before entering with confirmation.
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