Technical analysis by CryptoNuclear about Symbol CKB: Buy recommendation (7/8/2025)

🧠 Overview:After a prolonged downtrend throughout early 2025, CKB/USDT has now returned to a major macro support zone between $0.0026 – $0.0035 — a historically strong accumulation range seen during 2022–2023. This area has previously triggered powerful rallies, and once again, the market is flashing early signs of a potential trend reversal.📈 Bullish Scenario (Potential Rebound):1. Well-Tested Demand Zone:The area between $0.0026 – $0.0035 has acted as a long-term floor multiple times over the past 2 years.This suggests strong institutional accumulation or smart money positioning.2. Rising Volume Could Confirm Trend Reversal:A surge in volume from this range could validate a transition into a markup phase (Wyckoff Theory).3. Stair-Step Rally Potential:Immediate resistance: $0.0050 – $0.0058Mid-term target: $0.0076 – $0.0090Major breakout zone: $0.0127 – $0.01804. Technical Projection:Formation of a Double Bottom or Inverse Head & Shoulders could signal a strong macro reversal.If confirmed, price could aim for $0.027 – $0.038+ in the longer term.5. Market Sentiment & Timing:Historically, altcoins like CKB rally after Bitcoin dominance cools off or when BTC moves sideways.📉 Bearish Scenario (Breakdown Risk):1. Losing Macro Support:If price breaks below $0.0026, further downside may accelerate toward sub-$0.0020 levels.2. Fakeouts Without Volume:A weak bounce from support without volume could indicate a bull trap or short-term relief rally only.3. Sideways Risk:Extended consolidation or ranging may continue for weeks if there’s no strong catalyst or market-wide recovery.📐 Structure & Pattern Insights:Long-Term Accumulation Range: The current price action mirrors the accumulation phase from 2022–2023, possibly forming a Wyckoff Re-accumulation structure.Reversal Patterns Forming: With a potential higher low next week, we may see an Inverse Head & Shoulders begin to take shape.📝 Conclusion:CKB is currently in a "high-reward, low-risk" zone from a swing trader’s perspective. Price is near macro bottom levels, and any breakout from here could result in multi-fold returns in the medium to long term.However, confirmation through volume and structure breakout is essential. Without that, the risk of prolonged ranging or deeper correction remains.#CKBUSDT #CKB #AltcoinSeason #CryptoBreakout #TechnicalAnalysis #InverseHeadAndShoulders #WyckoffAccumulation #BullishReversal #CryptoGems #CryptoSetup