$CKB /USDT ā Rejection at Resistance, Downside in Play š»
$CKB surged into a supply zone near $0.00610 but is now showing clear signs of weakening. Lower highs are forming on the 15M and 1H charts, while volume tapers off ā a classic signal of exhaustion.
This opens the door for a clean short opportunity targeting the range lows.
Key Levels
⢠Resistance: $0.00610
⢠Support: $0.00555
Trade Setup
⢠Entry Zone: $0.00593 ā $0.00608
⢠Stop Loss: $0.00618
šÆ TP1: $0.00578
šÆ TP2: $0.00566
šÆ TP3: $0.00552
Pro Tips:
ā Wait for confirmation via a bearish candle close under $0.00590.
ā If BTC starts to dump, $CKB often accelerates downside ā perfect synergy for shorts.
ā Use a trailing SL after TP2 for potential extended drop.
ā Avoid chasing if price already hits TP1 ā better to re-enter on retest.
ā Volume drop + RSI reversal = sniper entry zone confirmation.