Buyers are stepping in to defend

CKB has dropped to the support area at $0.0099 and bounced back, suggesting strong buying interest. This indicates a potential move towards the resistance area, hinting at a bullish outlook.

6/21/20241 min read

CKB price chart showing a bounce from the $0.0099 support area, indicating potential upward movement
CKB price chart showing a bounce from the $0.0099 support area, indicating potential upward movement

CKB has dropped to the support area at $0.0099 and bounced from there. This indicates that buyers are stepping in to defend this level, which strengthens its significance as a support zone. The price action suggests a potential move towards the resistance area, indicating that the market sentiment may be shifting towards a more bullish outlook.