Hey Striver 👋
🛡️ $CTK (Shentu) just woke up from its downtrend hibernation — let’s see if it's ready to defend its zone like a true guardian.
CTK is trading around $0.352, up roughly +28 to +31% in the past 24 hours and around +56% over the past week. Daily volume is between $22M and $44M, with a market cap near $52M to $56M.
🎯 Trade Plan (Long)
• Entry: $0.340 – $0.350
• TP1: $0.375
• TP2: $0.400
• SL: $0.320
🔍 Key Notes:
CTK bounced hard from its multi-month lows near $0.21–$0.22 and reclaimed both the 7-day and 25-day moving averages — a classic sign of trend reversal. The pattern resembles a falling wedge breakout, supported by increasing accumulation and strong volume. Technicals are shifting bullish: moving averages flash buy signals, momentum is picking up, and the structure is well-formed. As long as $0.320 holds, this setup remains valid toward the $0.375 and $0.400 targets.
✅ Final Verdict:
Go long. This is a textbook rebound backed by volume, structure, and technical confirmation. Entry is clean, risk is defined, and the upside is compelling.
Stick to the plan, respect the chart, and let the market work.
👉 Got another coin in mind? Let’s line it up ⚡️
#StrategyBTCPurchase #USCorePCEMay #ShentuChain #BTC110KToday?
