$CKB Bulls Are Losing Steam After a Massive Rally
Short $CKB
Entry: 0.00182 – 0.00202
SL: 0.00235
TP1: 0.00175
TP2: 0.00169
TP3: 0.00160
TP4: 0.00141
Why:
CKB has rallied nearly 57% from its recent low of 0.0011640 before facing strong rejection at 0.0021797. Price is now trading around 0.0017816 after a sharp pullback from the local high. MA7 at 0.0018633 is above the current price and acting as near-term resistance, while MA25 at 0.0016920 is the first key support to watch. MA99 at 0.0014090 remains the broader support zone. If CKB fails to reclaim 0.00186–0.00190, further downside toward 0.00175 and 0.00169 is possible, with 0.00160 as the next target. A sustained breakout above 0.00218 would invalidate this bearish setup. Wait for rejection confirmation before entering, as strong volatility could trigger sharp moves in either direction.
Short $CKB
Entry: 0.00182 – 0.00202
SL: 0.00235
TP1: 0.00175
TP2: 0.00169
TP3: 0.00160
TP4: 0.00141
Why:
CKB has rallied nearly 57% from its recent low of 0.0011640 before facing strong rejection at 0.0021797. Price is now trading around 0.0017816 after a sharp pullback from the local high. MA7 at 0.0018633 is above the current price and acting as near-term resistance, while MA25 at 0.0016920 is the first key support to watch. MA99 at 0.0014090 remains the broader support zone. If CKB fails to reclaim 0.00186–0.00190, further downside toward 0.00175 and 0.00169 is possible, with 0.00160 as the next target. A sustained breakout above 0.00218 would invalidate this bearish setup. Wait for rejection confirmation before entering, as strong volatility could trigger sharp moves in either direction.