$CKB USDT – BEARISH CONSOLIDATION AT THE LOWS, BREAKDOWN LIKELY
NO SIGN OF DEMAND RETURNING
PRICE TRAPPED BELOW RESISTANCE AT 0.005427
$CKB USDT is hovering just above the 24h low of 0.005389 after a sharp -12.65% drop. The price is consolidating weakly beneath the average level of 0.005427, with no strong bounce or reversal signals, indicating potential for another leg down.
Short Entry: 0.00542
Targets: 0.00530 / 0.00518
Stop Loss: 0.00555
Failure to reclaim 0.00550 suggests bearish continuation. Watch for a clean break below 0.00538 to trigger the next flush.
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