$CTK USDT: Bullish Explosion from Demand Zone - Momentum Regains Control
The CTKUSDT pair strongly rebounded from the main demand zone at around $0.228, breaking through structure with strong bullish candles on the hourly chart. After multiple tests of the support level, buyers finally broke through the resistance level at $0.245, confirming a trend reversal. The increase in trading volume confirms the strength of this breakout.
Trading Setup: Long-term trading signal on the US dollar 🟢
• Entry Point: 0.2515
• Stop Loss: 0.2390
• Take Profit: 0.2800
• Margin: 2-3% of the portfolio
• Leverage: 10x
Market Outlook:
With the bullish pressure regaining the lost levels, the CTK pair is preparing for a continued rise in the short term. A price above $0.2520 turns the previous resistance level into support - more confirmation may trigger a rapid bullish movement.
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