CKBUSDT β Test Demand Zone: Reversal or Deeper Breakdown?Nervos/TetherGATEIO:CKBUSDTCryptoNuclearπ Full Analysis The Nervos (CKB/USDT) pair is now trading right inside a critical demand zone at 0.0038 β 0.0046. This area has repeatedly acted as a last line of defense against deeper declines. At this stage, the market is at a decision point: will this zone trigger another accumulation bounce, or will it finally give way to a stronger bearish continuation? --- π Price Structure & Pattern 1. Macro Trend Since early 2025, CKB has remained in a major downtrend, printing consecutive lower highs and lower lows. Every bullish attempt has been capped around key resistance clusters (yellow dashed lines). 2. Demand Zone (Yellow Box) The 0.0038 β 0.0046 range has served as a strong base support. Historically, buyers have stepped in whenever price dipped into this zone. 3. Key Resistance Levels (Upside Targets) 0.005224 β first minor resistance, key for early confirmation. 0.006118 β short-term target. 0.006797 β stronger psychological barrier. 0.008597 β 0.010109 β mid-term supply zone. 0.011369 β 0.018114 β long-term bullish targets if a major reversal takes place. 4. Key Support Levels (Downside Risks) 0.0038 β bottom of the demand zone. 0.002956 β previous major low. A breakdown below this low could trigger a deeper bearish phase, exposing historical supports seen only on higher timeframes. --- π Bullish Scenario Scenario A: Initial Bounce If price holds above 0.0040β0.0044 and forms bullish reversal patterns (engulfing, hammer, or long-tail pinbar) with high volume, buyers may attempt a rebound. Scenario B: Breakout Confirmation A daily close above 0.005224 would shift the short-term structure bullish, paving the way toward 0.006118 β 0.006797. Scenario C: Extended Rally With strong momentum and volume, mid-term targets at 0.008597 β 0.0101 could be tested, which will act as a major test for a long-term reversal. --- β οΈ Bearish Scenario Scenario A: Breakdown of Demand A daily close below 0.0038 invalidates the demand zone, signaling strong bearish continuation. Scenario B: Downside Targets The first target would be 0.002956 (previous low). A breakdown there could expose deeper historical supports below 0.0025. Scenario C: Bull Trap / False Bounce If price bounces off 0.0044 but fails to break above 0.005224 and reverses downward, it signals distribution and usually leads to an aggressive sell-off. --- π Trading Plan (Example, Not Financial Advice) Aggressive Strategy (Buy the Dip): Entry near 0.0044, stop-loss below 0.0038. Risk: ~14% Target 1: 0.005224 (+17%) Target 2: 0.006118 (+37%) RR Ratio to Target 2 β 2.6 Conservative Strategy (Wait for Breakout): Entry after a daily close >0.005224 with valid retest. Lower risk of false signal. Targets extend toward 0.0068 and 0.0085. Invalidation: All bullish bias is canceled if daily closes