$CKB USDT BULLISH MOMENTUM BUILDING FOR UPSIDE BREAKOUT
The $CKB USDT pair is showing clear signs of bullish momentum as it consolidates near the recent highs around 0.0060. The large 24h volume of 3.12B CKB supports strong market participation and validates the potential for a breakout above resistance. Price action indicates a series of higher lows, signaling buyer strength.
Long Entry: Initiate a long position on a breakout above 0.00613 to target further upward movement.
Targets:
First target at 0.00645, aligned with previous resistance zones.
Second target at 0.00685 for extended bullish gains.
Stop Loss: Place a stop loss below 0.00570 to protect capital in case of a downside correction.
Risk Management: Control risk by limiting exposure to 2% of total trading capital. Employ proper position sizing and strictly adhere to the stop loss level.
This setup favors bullish traders looking to capitalize on the next upward wave in $CKBUSDT.
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