$CTK on Fire! +29% Surge – Is This the Calm Before the Next Breakout?
$CTK is trading at $0.3680, up nearly 30% on the day. After a parabolic rally, price is consolidating under tight resistance—setting up for either continuation or a quick pullback.
Key Levels to Watch:
• Resistance Zone: $0.3685 – $0.3710
• Support Zone: $0.3630 – $0.3580
Bullish Scenario:
A breakout above $0.3710 could fuel further upside toward:
• Target 1: $0.3780
• Target 2: $0.3850
Bearish Scenario:
If $CTK fails to hold above $0.3630, downside pressure may send it to:
• Target 1: $0.3550
• Target 2: $0.3450
Market Sentiment: Strong intraday momentum favors bulls, but watch for volume confirmation. Sideways price action suggests a buildup before the next move.