🚨 $CTXC on the Brink: Will It Rebound or Plunge Further? 🚨
$CTXC is trading at $0.3187 on the 15-minute chart, showing signs of consolidation after a sharp pullback. The price is currently testing a critical support level at $0.3160, which could serve as a springboard for a recovery if buyers step in with volume. On the upside, resistance lies at $0.3220, a key barrier that needs to be breached to signal renewed bullish momentum.
Traders looking for entry opportunities can consider $0.3187 as the point to act, keeping a tight stop-loss at $0.3150 to manage risk effectively. If the price fails to hold the support, it may trigger further downward pressure, so careful monitoring is essential. With RSI hovering around oversold levels and MACD showing bearish divergence, the market is at a decisive juncture—any shift in sentiment could lead to significant price action.