$CTK
[Technical Analysis] CTK/USDT – Strong Rebound & Breakout Watch
Current Price: $0.4420 (+3.03%)
24h High: $0.4516
24h Low: $0.4124
Volume: 9.92M CTK | 4.27M USDT
Category: Launchpool
CTK has shown a strong bullish breakout from the accumulation zone, moving from a low of $0.2719 to a recent spike of $0.5350 – a powerful move reflecting renewed interest.
Key Levels to Watch:
Target 1 – $0.4900: Minor resistance. If CTK breaks and holds above this, it may signal a continuation of the uptrend.
Target 2 – $0.5350: Local top from the recent impulse move. Breakout traders will eye this as a key level to surpass.
Target 3 – $0.6000+: Psychological resistance and a medium-term bullish target if momentum continues and BTC remains stable.
Support Zone:
$0.4120 – $0.4300: This range may act as a demand zone and potential re-entry for bulls on pullbacks.
Technical Outlook:
MACD & RSI on the 1D show bullish divergence and increasing strength.
Volume spikes support the rally, but the current candle shows some upper wick rejection – suggesting a retest might occur.
Strategy Insight:
Traders may consider entries on pullbacks near $0.430–0.412 with a stop below $0.400. Targets could extend toward $0.535 and beyond if volume sustains.
