🚀 Trade Alert: $CTK – Falling Wedge Breakout in Progress

$CTK is trading around $0.49, up ~17% today, and recently broke out of a falling wedge pattern on the daily chart—classic bullish reversal backed by heavy volume

đŸ”č Support Zone: $0.45–$0.47 (prior resistance turned support)

đŸ”č Resistance Levels:

‱ Near-term: $0.61 (wedge target)

‱ Next key: $0.70+ (cycle highs)

📈 Technical Insight:

Moving averages and oscillators on TradingView rate CTK as a strong buy

RSI (14) sits in bullish territory (~66) with momentum tending upward

🛠 Trade Strategy:

‱ Buy Zone: $0.47–$0.48 on dip toward support

‱ Stop-loss: Below $0.45

‱ Target 1: $0.61

‱ Target 2: $0.70–$0.75 on follow-through breakout

⚠ Risk Warning: A rejection and drop below $0.45 could test $0.42–$0.44

🔑 Tip: Confirm entry with a bounce off support and a green 4H candle on higher volume

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