$CTK
Spot Entry Position
Entry Price: Enter around $1.20, where it currently holds. ๐ต
Stop Loss (SL)Primary SL: $0.95, just below recent support levels to minimize potential losses. ๐
Secondary SL: $0.68, in case of a sharp downturn, based on strong historical support. ๐จ
Take Profit (TP) LevelsTP1: $1.50 โ Near the lower end of historical resistance, capturing short-term gains.
๐ฏTP2: $1.73 โ At recent high resistance, a moderate target.
๐TP3: $2.00 โ Beyond recent resistance, for a higher risk-reward ratio. ๐
This strategy aims to capitalize on short-term gains while managing risk through strategic stop-loss placements. Always conduct your own research and consider your risk tolerance before trading.