$CTK is currently trading at approximately $0.5031 USD, reflecting an increase of about 48.00% in the last 24 hours. The price has been fluctuating between $0.33 and $0.53, indicating heightened volatility.
Technical indicators present a mixed outlook. The Relative Strength Index (RSI) is hovering around 50, suggesting that CTK is in a neutral zone—not overbought nor oversold. The Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, hinting at potential upward momentum.
For those considering a long trade, a confirmed breakout above the $0.53 resistance level with increased volume could signal a bullish trend continuation. Conversely, a drop below the $0.33 support level might present a short trade opportunity, targeting lower support zones.
Beginner traders should exercise caution during such volatile periods. It's essential to wait for clear signals before entering a trade and always employ proper risk management strategies, such as setting stop-loss orders to mitigate potential losses.
Buy and Trade here $CTK
