$CTK USDT – RALLY EXHAUSTION? BEARS EYE A PULLBACK
🔻 STRONG WICK REJECTION FROM $0.5237
🔻 LOWER HIGHS FORMING AFTER A VERTICAL SPIKE
$CTK pumped over 22% but is now showing signs of exhaustion. The 1H chart reflects a classic overextended rally with long upper wicks and rejection at $0.5237. Momentum has slowed, and the price is currently holding near $0.4871 — a break below could trigger a fast drop.
Volume is fading, and a pullback to the $0.4588 or $0.4354 zone looks likely if bulls fail to reclaim $0.5056 quickly.
SHORT SETUP
Entry: $0.486
Target 1: $0.458
Target 2: $0.435
Stop Loss: $0.503
Momentum has shifted—watch for a bearish continuation on breakdown.
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