$CTK Bulls Charging Hard: Will $0.50 Break This Time?
CTK has exploded with a 19.54% gain, currently trading at $0.4888. After reclaiming support and posting a strong intraday rally, the price is now pressing against the key $0.50 resistance zone. Volume is rising, momentum is strong, and eyes are now on a decisive breakout.
Key Levels to Watch
• Resistance Zone: $0.5000 – $0.5050
A clean breakout above could unlock further upside:
• Target 1: $0.5150
• Target 2: $0.5230 (24h High)
• Support Zone: $0.4840 – $0.4700
If bulls fail to sustain momentum, expect a retest of:
• Target 1: $0.4600
• Target 2: $0.4400
Trade Setup
• Bullish Entry: Break and hold above $0.5000
• Target 1: $0.5150
• Target 2: $0.5230
• Bearish Entry: Drop below $0.4700 with increased sell volume
• Target 1: $0.4600
• Target 2: $0.4400
CTK is heating up near a critical resistance. A breakout from this level could trigger another wave of gains, while failure may result in a sharp pullback. Watch the $0.50 zone closely — it’s the key to what comes next.