$CKB /USDT technical breakdown from your data:
Current Price: $0.005614 (+6.47%)
24h Range: $0.005257 – $0.005696
Volume: 624.85M CKB (~3.44M USDT)
Market Structure
Trend: Bullish short-term — price trading near the top of the 24h range, showing sustained upward momentum.
Momentum: Increased volume supports the rally; EMA slope likely positive; MACD probably in bullish crossover.
Volatility: Bollinger Bands likely widening, suggesting continuation potential.
Key Levels
Resistance:
T1: $0.005696 – $0.005705 (current top & breakout zone)
T2: $0.005780 – $0.005800 (next resistance zone)
T3: $0.005900 (extended bullish target)
Support:
Immediate: $0.005590 – $0.005552 (minor retracement zone)
Major: $0.005522 – $0.005257 (bullish structure invalidation if broken)
Stop Loss Idea (for longs): Below $0.005520 to manage downside risk.
Bias & Trade Outlook
Bias: Bullish — momentum strong with price near resistance; breakout possible if $0.005705 is cleared with volume.
Bullish Targets:
T1: $0.005705
T2: $0.005800
T3: $0.005900
Bearish Scenario: A break below $0.005522 could send price toward $0.00540 – $0.00526.
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