CTK Technical Setup & Strategy
📊 $CTK Key Market Levels & Strategy
Looking at today’s price action, CTK (Shentu) is moving within the support range of ~$0.41–$0.42 and the resistance range of ~$0.52–$0.53.
🔹 Trading Strategy:
When the price tests the resistance zone and shows bearish signals (e.g., RSI divergence or weak volume), it’s a good opportunity for a short entry.
Place your stop-loss 1–2% above the resistance.
Set your take-profit target near the support zone and consider partial closes.
🔹 Pro Tips:
Don’t rely solely on technicals — check market sentiment and news events.
Focus on high volatility hours (15:00–19:00 UTC) for better trade setups.
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