$CKP explodes after liquidation — vertical reversal signals pure continuation CKP (Cakepie) just printed a textbook liquidation-to-reversal move, sweeping weak hands around $0.526 before igniting a vertical expansion straight into $0.964 highs.
Price is currently trading near $0.863 (+70%), holding well above the breakout zone instead of collapsing. That behavior screams resilience, not exhaustion — supply was absorbed aggressively.
With low market cap ($1.52M) and rising participation (10k+ holders), this structure favors continuation volatility, as long as price holds above the post-breakout base.
Key levels to watch: • Support: $0.78 – $0.74 (retest & demand zone)
• Major Support: $0.526 (liquidation low)
• Resistance: $0.96 – $1.05 (extension / price discovery)
⚡ Liquidation sweep ✔️
📈 Violent reversal ✔️
🛡 Strong resilience ✔️
🚀 Continuation still loading?
💬 Is CKP consolidating for another leg higher, or cooling before the next expansion?
Momentum remains aggressive 👀🔥
Trade #CKP here
