📉 $CKB /USDT —
Current Price: $0.004874 (-16.20%)
24h High: $0.005816
24h Low: $0.004794
RSI (6): 55.9 → Neutral zone ⚖️
MACD: Recently turned bullish ✅
Volume (24h): 2.69B CKB (high activity)
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🔍 Observations & Insights
1️⃣ Price Movement:
CKB has faced a brutal -16% dump, hitting a low of $0.004794. However, price has bounced slightly upward, signaling short-term buyer activity.
2️⃣ RSI Analysis:
Unlike the last oversold situations, RSI is now at 55, which means the bounce is not overextended yet. This keeps room for more upside if momentum holds. 💪
3️⃣ MACD Signals:
MACD histogram flipped green — early sign of bullish momentum 📈. If this continues, we could see further recovery.
4️⃣ Volume Trend:
Heavy selling volume earlier → now stabilizing with green candles. This suggests accumulation by buyers at the lows.
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✅ Trade Setup (Short-Term Idea)
🟢 Bullish Bounce Play
Entry: $0.00484 – $0.00488
Target 1: $0.00495
Target 2: $0.00505
Stop-loss: Below $0.00479
🔴 Bearish Continuation
If price fails to hold above $0.00484, expect retest of $0.00479 support or even lower.
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💡 Expert Comment:
The market just punished CKB hard (-16%), but indicators suggest a short-term relief rally is forming 🚀. The RSI is balanced, MACD is turning bullish, and volume is stabilizing — all pointing to a possible scalp opportunity.
⚠️ Still, overall trend remains bearish on higher timeframes, so don’t mistake this bounce for a full reversal. Trade with caution and use strict stop-losses.
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📌 Bottom line:
Bulls are testing momentum after the dump. If $0.00484 holds, we may see a quick push to $0.00495–$0.00505. Otherwise, back to support at $0.00479.
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