🔴 $CKB REJECTED AFTER SHARP SPIKE AS SELLER PRESSURE TARGETS LOWER LEVELS! 📉
Entry: 0.00163 – 0.00168 ⚡
Target: 0.00155, 0.00145, 0.00130 🎯
Stop Loss: 0.00176 🛑
📌 The rejection off the 0.00200 push met aggressive sell-side absorption, leaving late buyers trapped at the top. Consecutive red candles confirm momentum is flipping downward as bids begin to thin out.
📊 If the immediate 0.00160 shelf breaks under this volume, expect an accelerated flush straight into the 0.00130 liquidity pocket. Invalidation remains razor-sharp with risk defined neatly above 0.00176 resistance.
💬 Are you positioning short for the retest, or waiting for a reclaim before stepping in? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CKB #ShortSetup #CryptoTrading #PriceAction
🎯 🐻
Entry: 0.00163 – 0.00168 ⚡
Target: 0.00155, 0.00145, 0.00130 🎯
Stop Loss: 0.00176 🛑
📌 The rejection off the 0.00200 push met aggressive sell-side absorption, leaving late buyers trapped at the top. Consecutive red candles confirm momentum is flipping downward as bids begin to thin out.
📊 If the immediate 0.00160 shelf breaks under this volume, expect an accelerated flush straight into the 0.00130 liquidity pocket. Invalidation remains razor-sharp with risk defined neatly above 0.00176 resistance.
💬 Are you positioning short for the retest, or waiting for a reclaim before stepping in? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CKB #ShortSetup #CryptoTrading #PriceAction
🎯 🐻