💎 Price $CKB under pressure… and the downward trend continues
$CKB (Nervos Network) is a digital currency focused on building a multi-layered architecture to facilitate smart contracts and decentralized applications, with strong support for security and scalability.
📉 Technical Analysis:
The price continues to decline below the downward trend line, with consistently lower lows, reflecting the strength of selling pressure. Any rebound will only be meaningful if the price can return above the level of 0.00278. Until then, sellers remain in control of the market.
⚡ Short Setup:
Entry Range: 0.00276 – 0.00280
First Target (TP1): 0.00270
Second Target (TP2): 0.00262
Stop Loss (SL): 0.00283
💡 Tip: Always manage risk and monitor support and resistance levels before making any trading decisions.
