The bearish trend has continued for 16 candles. The current price of 0.002634 remains suppressed below the downtrend line (0.002646), and the situation is severe! ⚡️
Although the MACD shows a "golden cross," the dual lines and momentum bars have significantly weakened in recent days, indicating a lack of rebound strength and more of a continuation of the decline. The price is rubbing against the trend line, with a distance of less than 1 ATR. Beware of a trend reversal!
Key support is at the dense support zone of 0.002338-0.002474 below. If the price breaks below the trend line and stabilizes, the bearish trend may accelerate; conversely, a volume breakout above 0.002804 could reverse the downward trend.
Currently, the overall market remains dominated by bears. Watch more and act less; do not blindly buy the dip!
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$CKB 15-Minute Chart Alert! 🚨
The bearish trend has continued for 16 candles. The current price of 0.002634 remains suppressed below the downtrend line (0.002646), and the situation is severe! ⚡️
Although the MACD shows a "golden cross," the dual lines and momentum bars have significantly weakened in recent days, indicating a lack of rebound strength and more of a continuation of the decline. The price is rubbing against the trend line, with a distance of less than 1 ATR. Beware of a trend reversal!
Key support is at the dense support zone of 0.002338-0.002474 below. If the price breaks below the trend line and stabilizes, the bearish trend may accelerate; conversely, a volume breakout above 0.002804 could reverse the downward trend.
Currently, the overall market remains dominated by bears. Watch more and act less; do not blindly buy the dip!