š $CKB/USDT ā Pullback Complete, Bounce Underway! š„
Current Price: $0.004678 (+11.81%)
24H Range: High: $0.005200 | Low: $0.004137
š Market Overview:
Following a sharp move up, $CKB is now holding steady above $0.0046, showing signs of a potential reversal ā a textbook retracement scenario.
š Price Action Insight:
After a strong wick to the upside, the market has entered a consolidation phase, suggesting profit-taking. However, buyers are re-entering near support levels.
šÆ Trade Idea ā Bounce Setup:
Entry Range: $0.00465 ā $0.00470
Target 1: $0.00495
Target 2: $0.00515
Stop Loss: $0.00450
š„ Why This Matters:
A solid correction after the breakout creates space for further gains. Volume remains robust, and the tightening bounce candles hint at growing bullish pressure.
š” Quick Tip:
Keep a close eye on the $0.00480 level ā a strong breakout above it with volume could trigger another swift rally.
ā” $CKB
might be gearing up for its next explosive move ā stay ready
#CKB #CryptoBounce #DeFiMoves #BinanceWatchlist Market Momentum