$CTK /USDT BEARISH SHORT SETUP
$CTK has been rejected from the 0.3870 resistance level and is now trending downward, breaking below key intraday supports. The pattern of lower highs and lower lows indicates persistent selling pressure. Volume remains moderate but leans towards bearish dominance, while moving averages on shorter timeframes are turning negative, signaling a potential continuation to the downside.
ENTRY: 0.3680 – 0.3700 (after breakdown confirmation)
TP1: 0.3615
TP2: 0.3550
TP3: 0.3450
SL: 0.3765
RISK MANAGEMENT: Risk 1–2% of your capital per trade and maintain a minimum risk-reward ratio of 1:2 to protect against unexpected reversals.
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