$CTSI
Here is the technical analysis post for the chart of the CTSI/USDT pair you provided:
🚀 $CTSI USDT: Bullish breakout - Are you ready for the next rise?
The price of CTSI increased today by 10.78%, currently trading at $0.0627, after a strong rebound from its recent low of $0.0609 and testing a new high at $0.0635.
🔑 Key levels
Support: $0.0609
Resistance: $0.0635 (immediate), the next major resistance level at $0.0650 if momentum continues.
🎯 Trading setup (long-term)
Entry zone: $0.0625 - $0.0630
Targets (TP):
TP1: $0.0640
TP2: $0.0650
TP3: $0.0665
Stop loss (SL): $0.0605
📊 Market outlook: The CTSI indicator shows strong bullish momentum in the short term on the 15-minute chart after recovering from its local lows and rising with clear bullish candles. A break above the $0.0635 level and holding above it may lead to further rises towards the $0.0650 - $0.0665 levels.
⚠️ Risk management: Always use calculated position sizes. A strict stop loss is essential to protect capital in volatile market conditions.
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