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#CKB
📊 Key Levels
• Support: 0.00095 - 0.00105
• Channel resistance: 0.00135 - 0.00150
• Breakout confirmation: 0.00160+
• Major target: 0.00372
• Invalidation: Sustained breakdown below channel support
The critical detail here is that price is sitting near the lowest part of the channel while sentiment is extremely weak. These conditions can create strong rebounds, but the trend remains bearish until CKB reclaims the upper channel resistance. The setup is attractive because the downside is relatively defined, while a successful breakout could offer a significantly larger upside move.
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• Support: 0.00095 - 0.00105
• Channel resistance: 0.00135 - 0.00150
• Breakout confirmation: 0.00160+
• Major target: 0.00372
• Invalidation: Sustained breakdown below channel support
The critical detail here is that price is sitting near the lowest part of the channel while sentiment is extremely weak. These conditions can create strong rebounds, but the trend remains bearish until CKB reclaims the upper channel resistance. The setup is attractive because the downside is relatively defined, while a successful breakout could offer a significantly larger upside move.
Powered by @Coins
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