$CTK is currently in a bearish market structure, as indicated by its low RSI of 24.14.

With a current price of 0.3199 USDT, it hovers just above its crucial support level of 0.3187 USDT.

A breakout above the resistance level of 0.3609 USDT could present a viable trading opportunity.

Traders should remain cautious of potential risks, including Bitcoin's volatility and broader macroeconomic factors that could impact market sentiment.

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