$CTK
BULLISH MOMENTUM CONTINUES AFTER EXPLOSIVE BREAKOUT 🚀
$CTKUSDT has shown a powerful bullish rally, breaking key resistance levels with strong volume and forming a consolidation above $0.3700. This indicates potential for further upside if buyers continue to support above immediate support zones.
🔑 Key Levels:
Current Price: $0.3717
Support Levels: $0.3600 – $0.3400
Resistance Levels: $0.3800 – $0.4130 (24h high)
🎯 Trade Setup (Long):
Entry Zone: $0.3680 – $0.3720
Take Profit 1: $0.3800
Take Profit 2: $0.4000
Take Profit 3: $0.4130
Stop Loss: $0.3480
📊 Market Outlook:
The chart indicates strong bullish momentum with an extended rally and tight consolidation, suggesting continuation is possible. However, rejection from $0.3800 could trigger a short-term correction towards support.
⚠️ Risk Management:
Use appropriate position sizing with SL strictly below $0.3480. Avoid overleveraging as volatility remains high after the breakout.
💡 CTK is currently a momentum-driven play. Trade wisely, follow your strategy, and never risk more than you can afford to lose.
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buy and trade here on $CTK