**š Shentu ($CTK ) ā SecurityāLayer1 Rebound: Trade Setup & Catalysts**
CTK trades around $0.40, down ~18% over 24h but up ~21% for the week, with daily volumes of $14ā22M and market cap ~$59M. After dipping near $0.33, we saw a strong bullish engulfing pattern and a short squeeze fueled by +130% volume. A fresh hard fork with Binance support underscores institutional backing for Shentuās security-first blockchain .
š **Key Levels & Setup:**
⢠Buy dips into $0.345ā0.350 (after bullish candle on 15ā30m chart), stop below $0.338.
⢠Initial target $0.420ā0.428; if cleared on strong volume, aim for $0.450ā0.460.
⢠Daily close above $0.420 triggers breakout with stop <āÆ$0.410 and TP1 ~$0.46, TP2 ~$0.50+.
⢠Long-term accumulation in dips to $0.330, stop below $0.320, with average 2025 target ~$0.438 and stretch to $0.60+ in 2026+ .
ā ļø Watch volume and candle confirmationāweekly EMA still overhead; a low-volume bounce may fail. But with security Oracle, protocol-level hard fork, and institutional signals, CTK has a compelling technical rebound setup with room to run. š”ļø
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