$CTK /USDT – Long Trade Entry Opportunity
CTK is showing signs of local support around the $0.2450 range after a sharp intraday dip. The bounce-back and current consolidation near $0.2470 suggests a potential reversal pattern forming on the 15-min chart.
Entry Price: $0.2469
Target 1: $0.2510
Target 2: $0.2540
Target 3: $0.2575
Stop Loss: $0.2430
Risk Management:
Only risk what you can afford to lose. Enter with small size initially and increase exposure only if momentum builds above the first target. Trail your stop once first target hits to lock in profit.
Pro Tip for Followers:
Consolidation at a higher low often precedes strong moves. Monitor closely for volume confirmation before going aggressive on the breakout.