🔴 Short Trade – $CKB/USDT 🔴

$CKB

Selling Pressure After Spike

$CKB is trading at 0.005624 on the 30-minute chart after rallying from 0.005348 to 0.005696. Price is now showing early signs of a pullback, with red candles forming immediately after the high.

Entry Zone

Sell between 0.005640 – 0.005660 if price makes a minor bounce

Stop Loss

Above 0.005700

Targets

🎯 TP1: 0.005580

🎯 TP2: 0.005530

🎯 TP3: 0.005480

Market Insight

Resistance at 0.005696 has halted the rally, and sellers are starting to take control. Consecutive red candles point to increasing bearish momentum, with a drop toward previous support zones likely. Weak bullish attempts near the entry zone could provide ideal short entries.

#CKB