$CTK Short Opportunity At Resistance
CTKUSDT
Perp
0.2554
-0.11%
Trade Setup:
Entry Zone: 0.2532
Target 1: 0.2450
Target 2: 0.2409
Target 3: 0.2350
Stop-Loss: 0.2601
CTK is showing weakness after testing a short-term resistance level on the 1h chart. This setup indicates a short position, anticipating a drop towards lower support. If sellers maintain control and reject the 0.2532 level, CTK could move down toward 0.2409 and possibly 0.2350. This bearish thesis remains valid as long as the price stays firmly below the 0.2601 stop-loss level.