🚀 $CTK /USDT – Shentu Awakens After a Brutal Year of Bleeding!🔥
💥 First Real Pulse After Endless Pain – Is This the Bounce That Changes Everything?
📅 1D Chart | 💰 Price: $0.2729 (+5.00%)
Shentu has been buried for months — but today, it blinked back to life.
For the first time in over a year, we’ve got a bullish daily candle backed by volume, structure, and reclaim of critical moving averages.
> Is this the real deal or just another dead cat? Let’s break it down:
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📊 Technical Breakdown – The Shift Begins:
✅ MA7 ($0.2453) ✔️
✅ MA25 ($0.2667) ✔️
⛔ MA99 ($0.3334) – Still overhead, the “final boss” for macro trend flip
📉 Bounce Origin: Multi-month support zone near $0.24 — historical demand level that’s been tested and respected
🔻 Falling Wedge Exit? Structure suggests a compression breakout, backed by increasing momentum and reduced volatility
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🔥 Bullish Confirmations:
Volume Spike + Breakout Candle = early sign of accumulation climax
Short-term MAs reclaimed = classic Stage 1 reversal setup
Structure tightening for weeks — this move has energy behind it
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🎯 Target Zones – Where This Could Fly:
🚀 TP1: $0.33 – MA99 touchpoint + psychological level
🚀 TP2: $0.42 – $0.45 – March supply zone retest
🚀 TP3: $0.62 – The big breakdown area from early May – trend confirmation zone
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⚠️ Caution Flags – No Blind Longs:
🧠 CTK has a history of fakeouts — don’t get caught in the echo pump
🚧 Needs to flip $0.33 with real volume AND hold above $0.27 — or the bounce dies
📉 Macro trend still bearish — until MA99 is conquered and defended
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💥 Trade Setup – For the Aggressive:
🔹 Entry Zone: $0.268 – $0.274
🔹 SL: $0.238 (beneath demand + wedge base)
🔹 TPs: $0.33 / $0.42 / $0.62
