Here’s a sample technical analysis post for Binance focusing on CTK/USDT:
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/USDT Technical Analysis – Bullish Breakout in Motion
Current Price: $0.4206
24h Change: +24.81%
24h High/Low: $0.4447 / $0.3331
Volume: 12.16M CTK (~$4.60M USDT)
Overview:
CTK has seen an explosive move, surging over 48% in the past 24 hours, peaking at $1.19 USDT before retracing. The bullish momentum is supported by strong volume, breaking above the MA60 ($0.3966) with sustained buying pressure.
Key Technical Indicators:
Price trading above MA5 and MA10
Strong support at $0.3960
Next key resistance lies near the intraday high
Short-Term Targets:
1. Target 1: $0.4800 – Short-term resistance from prior peak zone
2. Target 2: $0.5500 – Psychological and Fibonacci extension level
3. Target 3: $0.6200 – Mid-term breakout confirmation level
Highlight: CTK is among today’s top gainers on Binance Launchpool. Watch for consolidation above $0.4200 as a bullish base for further upside.
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