$CKB : After a Sharp Rally, I’m Watching for a Pullback 👀
CKB is trading around 0.0018143 USDT, up 29.10% in 24 hours. The 4H chart shows a strong upward move, but price has started pulling back after getting rejected near the recent high. I’m watching the 0.00139–0.00145 zone as a potential retest area before considering a short.
📍 Entry: 0.00143–0.00146
🛑 SL: 0.00153
🎯 TP1: 0.00135
🎯 TP2: 0.00125
🎯 TP3: 0.0011713
⏱ Timeframe: 4H
This zone previously acted as a breakout area, so price could revisit it if selling pressure continues. I’d wait for a clear rejection on the way down rather than entering blindly; a strong recovery above the entry zone would weaken this bearish idea.
The rally is impressive, but after such a fast move, I’m more interested in the reaction at key levels than chasing the current price.
Would you wait for the retest or expect CKB to push higher first?
$MAGIC
$GRASS
#TradingSignals
CKB is trading around 0.0018143 USDT, up 29.10% in 24 hours. The 4H chart shows a strong upward move, but price has started pulling back after getting rejected near the recent high. I’m watching the 0.00139–0.00145 zone as a potential retest area before considering a short.
📍 Entry: 0.00143–0.00146
🛑 SL: 0.00153
🎯 TP1: 0.00135
🎯 TP2: 0.00125
🎯 TP3: 0.0011713
⏱ Timeframe: 4H
This zone previously acted as a breakout area, so price could revisit it if selling pressure continues. I’d wait for a clear rejection on the way down rather than entering blindly; a strong recovery above the entry zone would weaken this bearish idea.
The rally is impressive, but after such a fast move, I’m more interested in the reaction at key levels than chasing the current price.
Would you wait for the retest or expect CKB to push higher first?
$MAGIC
$GRASS
#TradingSignals