$CKB USDT – BEARS TAKE CONTROL AS PRICE SLIPS TO SUPPORT ZONE!

$CKBUSDT is currently trading at 0.003779 USDT (+7.11%), after failing to hold above the intraday high of 0.003862 USDT. The chart shows a clear downward move with lower highs and lower lows, indicating selling pressure is dominating near-term price action.

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TRADE SETUP

❌ Short Entry Zone: $0.003780 – $0.003800

🎯 Take Profits:

• TP1: $0.003740

• TP2: $0.003700

• TP3: $0.003650

✅ Stop Loss: $0.003830

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MARKET OUTLOOK

CKB is showing bearish momentum with failed attempts to reclaim resistance zones. If price remains below $0.003800, further declines towards deeper support levels are likely intraday. Bulls need to reclaim $0.003830 to negate this bearish setup.

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RISK MANAGEMENT

Use strict stop losses and controlled lot sizing to avoid getting trapped in sudden reversal spikes during these bearish phases.

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