$CTK /$USDT Trade Setup – Bullish Momentum Building Again
The bulls are back in action on $CTK, and signs of renewed upward momentum are becoming clear. After a period of consolidation, the price is showing strength with a strong push to the upside, hinting at a potential breakout. Traders are beginning to take notice as Cerberus Token (CTK) regains bullish structure on the 2-hour chart.
🔍 Technical Snapshot:
⭕️Time Frame: 2-Hour
⭕️Current Trend: Bullish
⭕️Momentum: Rising
Price Action: Forming higher lows and higher highs
🧠 Trade Strategy:✅️
A clean support zone has been established between $0.2840 – $0.2880, which buyers are defending. A slight pullback into this zone could provide a low-risk buying opportunity for traders looking to ride the bullish trend.
✅ Entry Range:
Buy Zone: $0.2880 – $0.2920
Look for minor dips or consolidations around this level for potential entries.
🎯 Targets:✔️
Target 1: $0.3030 – First major resistance level and a logical take-profit area.
Target 2: $0.3160 – Extended target if momentum continues and bulls maintain control.
🛑 Stop Loss:
Stop: Below $0.2800
This level invalidates the short-term bullish structure and protects against deeper pullbacks.
🔔 Key Breakout Level:🔑
If CTK can reclaim and hold above $0.2950, expect an acceleration in price as buyers pile in. A decisive close above this level could trigger fast upside moves.
🧭 Final Thoughts:
The current setup on CTK/USDT offers a favourable risk-to-reward opportunity for trend-following traders. The structure is bullish, volume is picking up, and technical indicators suggest more upside is possible. However, it’s critical to manage risk properly — keep your stop tight and adjust targets based on price behaviour.
As always, remain adaptive and watch 📺for confirmations before entering the trade.
#CTK