$CTK USDT SHORT TRADE SIGNAL 🔴
📊 Trade Setup:
$CTKUSDT faced heavy rejection near the $0.2978 zone after a vertical rally, leading to a strong bearish engulfing pattern. Price is currently pulling back with momentum shifting to the downside, offering a short opportunity on breakdown continuation.
📉 Entry Point: 0.2640 – 0.2680
📈 Stop Loss: 0.2785
🎯 Take Profit:
TP1: 0.2550
TP2: 0.2480
TP3: 0.2400
💼 Margin: 2–3% of wallet
⚙️ Leverage: 10x
🧠 Market Outlook:
A rapid rise followed by consecutive bearish candles signals profit-taking and potential exhaustion. If CTK fails to reclaim $0.2700 quickly, it could cascade down to retest previous support levels. Risk management is crucial in this volatile range.
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buy and trade here on $CTK