🛡️ $CTK /USDT – Shentu Rises Post-Downtrend Carnage 🤯🤯💥💥

🕰️ 1D Chart | 💰 Price: $0.2729 (+5.00%)

After over a year of brutal losses, CTK just posted its first bullish daily pattern — but is this the end of the suffering?

📊 Technical Breakdown:

✅ MA7 ($0.2453) and MA25 ($0.2667) recaptured for the first time in weeks — hints at a momentum shift.

📉 Still under MA99 ($0.3334), a major resistance since the high.

📈 Price rebounded from a multi-month support at $0.24, a key demand area.

🔥 Bullish Clues:

Volume surge + 5% candle after flat trading = potential accumulation breakout.

Recovering from a falling wedge breakdown? Pattern suggests a reversal after tight volatility.

Reclaiming short-term MAs often marks the first step in a solid bounce.

🎯 Upside Targets:

$0.33 – MA99 and psychological barrier

$0.42–$0.45 – March consolidation range

$0.62 – May’s breakdown level

🧠 Risk Zone:

Not a confirmed reversal yet — CTK’s known for fakeouts and sharp drops.

Must flip $0.33 with volume and hold above $0.27 to keep the bullish case alive.

Macro trend remains bearish — this is a counter-trend move until proven otherwise.

🗣️ Bottom Line:

CTK’s peeking out from the wreckage. Reclaiming short-term MAs is promising, but it needs to break $0.33 to join the recovery crew. For now, it’s a high-risk, high-reward play.

Treat it as a trader’s “what-if” setup with tight invalidation.

⚠️ DYOR – Research Yourself. Not financial advice. Markets are volatile — trade wisely!