$CTK
/USDT Short Trade Signal.! Tp Smashed 💯🔴
$CTK has dropped sharply, losing over 15% from the $0.40–$0.42 area to a low near $0.3065. This indicates strong profit-taking and weak momentum. Any bounce toward broken supports could face renewed selling pressure.
Entry (Short):
0.3160 – 0.3250 (watch for a weak bounce into this zone)
Targets:
1. 0.3000
2. 0.2850
3. 0.2700
Stop Loss:
0.3320 (above the lower high zone and minor resistance)
Key Levels:
Resistance: 0.3160 / 0.3320
Support: 0.3065 / 0.3000 / 0.2850
Pivot Zone: 0.3120
Pro Tip:
Wait for a bearish signal (like rejection wicks or a lower high) on the 15m/30m chart before entering. This avoids shorting into oversold conditions. Be prepared to scale out at key supports — bounces can be sharp after a deep drop.
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