$CKB /USDT Trading Analysis
Current Price: $0.005226 (-0.83%)
24h High/Low: $0.005971 / $0.005205
24h Volume:
CKB Tokens: 5.05B
USDT: 27.72M
Moving Averages (MA):
MA(7): $0.005248
MA(25): $0.005286
MA(99): $0.005319
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Market Insights
Bearish trend in the short term, as the price is below MA(7) and MA(25).
Key resistance near $0.00530 - $0.00535, where price has previously faced selling pressure.
Support around $0.00520 - $0.00515, a critical level for bulls to hold.
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Potential Trading Strategies
1. Buy the Dip (Bullish Setup)
Entry: $0.00520 - $0.00522
Target: $0.00530 - $0.00540
Stop-Loss: $0.00518
2. Shorting Opportunity (Bearish Case)
If $0.00520 breaks, short toward $0.00515 - $0.00510.
Stop-Loss: $0.00525
3. Breakout Trade
Buy above $0.00540 if volume confirms.
Target: $0.00550 - $0.00560
Stop-Loss: $0.00535
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