I’m watching $CTK closely — the price is consolidating near key support, showing a slight bullish tilt. Buyers have stepped in multiple times at this level, and the tight range suggests a potential breakout soon.

Trade Type: Long

Entry Zone: 0.245 – 0.260 – buying near the recent consolidation lows for a better risk-to-reward setup

Stop Loss: 0.232 – below recent short-term support to protect against downside while giving the trade room to breathe

Target Points:

Take Profit 1: 0.30 – first resistance from recent swing zone

Take Profit 2: 0.33 – 0.35 – next resistance zone if bullish momentum continues

Why this setup works:

I’m noticing that $CTK has bounced multiple times off lower support, showing that buyers are defending this zone. The tight consolidation range indicates low volatility, which often precedes a strong breakout once volume confirms. The stop loss is placed safely below support to protect capital, while targets align with clear resistance zones, providing a structured trade plan. Long-term sentiment could also strengthen at these levels since price is far below all-time highs.

I’m entering this trade with careful position sizing and keeping an eye on volume to confirm the breakout.

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