$CKB Rebound Play Setup
$CKB bounced strongly off the $0.00392 low and has reclaimed $0.00428 with solid volume and momentum.
Setup:
Entry: $0.00420 – $0.00428
Target 1: $0.00438
Target 2: $0.00452
Target 3: $0.00472
Stop: $0.00390
Analysis:
CKB defended the $0.0039 base cleanly, confirming a higher low formation. The reclaim above $0.00420 shows strength, with momentum favoring a push toward $0.0045+. As long as bulls hold above $0.0041, continuation looks solid. A break back below $0.0039 invalidates the setup.
This is shaping up as a short-term recovery leg with well-defined risk.