$CKB /USDT 4H Trade Setup
Market Insight:
$CKB is down -7.86% but showing signs of short-term consolidation after bouncing from the 0.00536 low. Despite the drop, price is still above the 99-period MA (0.00524), suggesting broader support. If bulls defend the current zone, a technical rebound could follow.
Entry Zone:
0.00536 – 0.00555
(Near local support and MA(7); wick rejections visible)
Targets:
Target 1: 0.00581
Target 2: 0.00614
Target 3: 0.00647
Stop Loss:
Below 0.00513
(Under recent wick support; invalidates bullish structure)
Key Levels:
Support: 0.00536 / 0.00513 / 0.00480
Resistance: 0.00581 / 0.00614 / 0.00647
Pivot Zone: 0.00555 (MA cluster and mark price)
Pro Tip:
Watch for bullish volume spikes and candle closes above 0.00560 to confirm momentum. Avoid entries if Bitcoin remains weak, as CKB correlates strongly with macro sentiment.
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