$CTK
USDT BEARISH TREND – FAKE BOUNCES, REAL DROPS 🚨
CTKUSDT is currently trading at $0.3132, down -12.66%, reflecting strong bearish dominance despite a minor relief bounce.
🔑 Key Levels:
Resistance: $0.3200 – short-term rejection zone
Support: $0.3057 – recent low and crucial support
📉 Trade Setup (Short):
Entry Zone: $0.3130 – $0.3160
Targets (TP):
TP1: $0.3080
TP2: $0.3057
Stop Loss (SL): $0.3205
📊 Market Outlook: The overall trend remains bearish with consistent lower highs and lows. The small green candles are corrective moves within the downtrend, and unless CTK reclaims $0.3200+ convincingly, sellers will continue to dominate towards $0.3057 and potentially below.
💡 Risk Management: Use tight SL above the resistance. Risk 1-2% of your capital per trade to maintain portfolio safety. Avoid revenge trading if stopped out.
✅ Comment ‘🛑’ if you’re ready to short CTK today! #CTKUSDT #CryptoAnalysis #BearishSetup #ShortTrade #RiskManagement
buy and trade here on $CTK