🚀 $CKB Bulls on the Move… Can Momentum Break the Range? ⚡
🔹 Current Price: $0.005876
🔹 24h Change: +4.30%
🔹 24h High: $0.006121
🔹 24h Volume: 766.64M CKB — solid trading activity backing the move
📊 Technical Highlights:
✅ EMA(7) at $0.005762 is trending above EMA(25) at $0.005576 — confirming bullish short-term bias
✅ Price trading above EMA(99) at $0.005449 — suggesting early signs of a possible trend shift
✅ RSI(6) at 77.61 — strong momentum, but nearing overbought conditions
✅ Volume shows a notable spike during the breakout — signaling active participation by buyers
🎯 Take Profit Targets:
- TP1: $0.00612 ➜ +4.15%
- TP2: $0.00626 ➜ +6.52%
- TP3: $0.00682 ➜ +16.08%
🛡️ Stop-Loss Suggestion: $0.00570 — just below EMA(25) to protect against sudden reversals
💡 Smart Reminder: Sustained closes above EMA(99) could flip mid-term sentiment bullish, but watch for profit-taking if RSI stays elevated.
Is $CKB gearing up to retest the $0.0068 zone, or will sellers step in to defend the breakout?
Drop your thoughts below 👇