$CTK

USDT BEARISH MOMENTUM CONTINUES – SELL PRESSURE STILL STRONG šŸ”»

$CTKUSDT remains under heavy selling pressure on the 1H timeframe, printing consistent lower highs and lower lows as sellers continue to dominate with no strong reversal signals yet.

šŸ”‘ Key Levels:

Support: $0.3250 (immediate support), $0.3200 (next major support zone)

Resistance: $0.3400 and $0.3500

Current Price: $0.3323

šŸ“‰ Trade Setup (Short Entry):

Entry Zone: $0.3330 – $0.3380

Take Profits:

TP1: $0.3280

TP2: $0.3250

TP3: $0.3200

Stop Loss: $0.3450 (above minor resistance cluster)

🌐 Short Market Outlook: CTK is in a clear downtrend with strong bearish structure. As long as price remains below $0.3400, further downside towards $0.3200 is expected. Volume remains stable but favors sellers in the current market condition.

āš ļø Risk Management: Always apply strict stop loss to avoid unexpected reversals. Risk only 1-2% per trade and align position sizes with your total capital to maintain account sustainability.

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