$CKB – SHORT TRADE SIGNAL AFTER FAILED BOUNCE ATTEMPT
WEAK RECOVERY STALLED NEAR $0.006115
BEARISH STRUCTURE REMAINS INTACT BELOW $0.00622
$CKB plunged sharply and attempted a mild bounce from $0.005929, but price quickly stalled near $0.006115, showing weak buying interest. The downtrend remains intact as lower highs continue to form, with sellers maintaining control below key levels.
Trade Setup – Short Entry
• Entry: $0.00605
• Target 1: $0.00593
• Target 2: $0.00585
• Stop Loss: $0.00622
Outlook: Momentum favors bears unless price decisively reclaims $0.00622. Watch for breakdown below $0.00593 for continuation.