$CKB The market for CKB/USDT is teetering on a razor's edge.
The bears have seized control of the narrative, forcing a brutal descent from the 0.001380 resistance. A massive red candle has just carved through the charts, slicing through previous support levels and pinning the price at 0.001360. This 0.66% dip is merely a symptom of a much deeper, more systemic collapse.
The technical indicators paint a grim picture. The Supertrend sits like a heavy ceiling at 0.001380, mocking any attempt at a recovery. Volume is churning, but the momentum is overwhelmingly downward.
Look at the long-term devastation:
* 90 Days: Down 44.54%
* 180 Days: Down 67.62%
* 1 Year: Down 73.72%
This is not a mere correction; it is a year-long siege. The price is currently hovering dangerously close to the 24-hour low of 0.001355. If that floor gives way, there is nothing but open air beneath it. The bulls are exhausted, their defenses are shattered, and the market is staring into the abyss of a multi-year low.
Every second at this level is a gamble against total capitulation.
Would you like me to identify the absolute final support zone before a total breakdown?
#ckb