$CTK USDT SHORT TRADE SIGNAL 🔴
Price faced rejection after testing the $0.2978 high and is now showing signs of a pullback. With a sharp wick and bearish engulfing candle on the 1H chart, CTK may retrace toward key support levels. The recent vertical pump appears unsustainable in the short term.
📉 TRADE SETUP
Entry Point: $0.2730 – $0.2760
Stop Loss: $0.2825
Take Profit:
TP1: $0.2660
TP2: $0.2595
TP3: $0.2510
Margin: 2–3% of wallet
Leverage: 10x
📊 MARKET OUTLOOK:
Momentum is slowing after a rapid bullish breakout. Volume has begun to decline, and RSI is cooling off from overbought territory. Price may retest previous resistance-turned-support zones near $0.2500. Caution advised for late long entries.
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buy and trade here on $CTK