$CTK

The upward momentum continues after the strong explosion 🚀

$CTKUSDT has shown a strong upward accumulation, breaking key resistance levels with strong trading volume and forming accumulation above $0.3700. This indicates the possibility of further rises if buyers maintain support above immediate support areas.

🔑 Key levels:

Current price: $0.3717

Support levels: $0.3600 – $0.3400

Resistance levels: $0.3800 – $0.4130 (highest level in 24 hours)

🎯 Trading setup (long):

Entry area: $0.3680 – $0.3720

Take profit 1: $0.3800

Take profit 2: $0.4000

Take profit 3: $0.4130

Stop loss: $0.3480

📊 Market overview:

The chart indicates strong upward momentum with an expanded and narrowing accumulation, suggesting the possibility of continuation. However, a rejection from $0.3800 could lead to a short-term correction towards support.

⚠️ Risk management:

Use appropriate position size with a stop loss below $0.3480. Avoid excessive leverage as volatility remains high after the explosion.

💡 CTK is currently a momentum-driven play. Trade wisely, stick to your strategy, and never risk more than you can afford to lose.

👍 If you liked it, leave a comment with your thoughts, and follow for real setups daily!

#CryptoTrading #CTK #Binance #Breakout #TechnicalAnalysis

Buy and trade here on $CTK