$CTK
USDT BULLISH CONSOLIDATION – READY FOR ANOTHER EXPLOSIVE PUSH?
$CTKUSDT has shown a powerful upward move with a sharp spike towards 0.4131 and is now consolidating in a tight range on the 1H timeframe. The market is preparing for its next decisive move.
🔑 Key Levels:
Support: 0.3600
Resistance: 0.3800 – 0.4130
Current Price: 0.3678
📊 Trade Setup (LONG):
Entry Zone: 0.3650 – 0.3700
Take Profit 1: 0.3800
Take Profit 2: 0.3950
Take Profit 3: 0.4100
Stop Loss: 0.3580
📈 Short Market Outlook: CTK is forming a bullish flag pattern after its impulsive surge. If it breaks above 0.3800 with volume confirmation, further upside towards 0.3950 – 0.4100 can be expected. However, a breakdown below 0.3600 could weaken the short-term bullish bias.
⚠️ Risk Management: Trade with disciplined position sizing, keep your SL tight below support (0.3580), and avoid emotional entries. Protect your capital and compound gains patiently.