The analysis of Nervos Network (CKB) shows a strong bullish structure in the short term, trading today in an approximate range of $0.00117 to $0.00119 USD, after recording an increase of between +4.4% and +8.3% over the last week. [1, 2]

Despite a slight intraday correction of -1.94%, the general technical indicators remain optimistic for the crypto asset. [1, 2]

📊 Technical Analysis and Key Levels

Price action on the main exchanges highlights the following key support and resistance points:

Critical Resistance Zone ($0.001210 USD): Buyers have pushed the price strongly toward this ceiling. A clean breakout above $0.001210 USD would validate the continuation of the rally and open the door to higher gains in the medium term. [1]

Immediate Support ($0.001159 USD): Staying firm above this level is crucial for the asset to preserve its current bullish structure. If it falls below, it could test the demand zone of $0.001106 USD.