$CTK /USDT – Short Trade Setup

$CTK /USDT has faced rejection at a recent high after a sharp rise, indicating potential selling pressure. A break below the support at 0.4959 could accelerate the downtrend, testing lower levels.

Entry Zone: 0.5000

Target 1: 0.4959

Target 2: 0.4900

Stop Loss: 0.5050

A breakdown below 0.4959 could lead to further downside, increasing the probability of hitting the next target. Monitor for volume confirmation to strengthen the short setup.

Pro Tip: Watch for a strong move below 0.4959, as that could signal further bearish momentum.

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