$CKB Trading at $0.004117 – Consolidating After a Dip, Seeking Stability
CKB is currently trading at $0.004117, consolidating after a recent price dip from higher levels. The price is hovering around immediate support, and its ability to hold here will determine if a bounce is possible or if further downside correction is likely.
Key Levels:
Resistance: $0.004126 (immediate, recent high), $0.004478 (24h High, stronger resistance)
Support: $0.004117 (immediate, current price and recent low), $0.003944 (24h Low, stronger support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move and sustained trading above $0.004126 could target:
Target 1: $0.004200 (implied, previous consolidation high)
Target 2: $0.004300 (implied, previous high)
Bearish Entry: A break below $0.004117 could target:
Target 1: $0.003944 (24h Low)
Target 2: $0.003800 (implied, next support)
CKB/USDT is at a pivotal point. A decisive break above $0.004126 could signal a recovery, while a sustained slip below $0.004117 might lead to a deeper retracement.