ctkanalysis

$CTK USDT SHOWING SIGNS OF STABILIZATION AFTER SELL-OFF – POSSIBLE SHORT-TERM BOUNCE 🔄

$CTK USDT experienced a sharp decline from 0.2846 to a recent low of 0.2615, but price is now hovering around the 0.2630 mark with early signs of sideways consolidation. MACD remains in bearish territory but is flattening, while volume is steady. MA(5) and MA(10) are beginning to converge, indicating potential exhaustion in the sell-off. If the support at 0.2615 holds, a minor bullish retracement could follow.

Trade Setup:

🟢 Long Trade Signal (Scalp Trade)
Entry Point: 0.2625 - 0.2630
Stop Loss: 0.2600
Take Profit: 0.2675 / 0.2710
Margin: 2-3% of wallet
Leverage: 10x

Market Outlook:
Momentum is weak but nearing a pivot. Bulls may attempt to reclaim short-term control if $CTKUSDT can stay above support. Watch for MACD crossover and bullish candles for confirmation of recovery.

#ctkanalysis #bullishreversal #scalpingopportunity #cryptooutlook #binancetrading

buy and trade here on $CTK