$CTXC 💯🥳💖
Technical Analysis of CTXC/USDT - Targeting Key Levels 🚀
The CTXC/USDT pair has shown a remarkable recovery in the past 24 hours, gaining +25.45%, and currently trading at 0.3382 USDT. Despite the recent surge, there are still critical price levels to watch out for. Here’s an in-depth analysis with three key targets 🎯:
1. Target 1: $0.3497 (24-Hour High)
The price has recently tested this level, and it represents a strong resistance point. A breakout above this could signal continued bullish momentum. Keep an eye on the RSI for overbought signals as this level is likely to face strong selling pressure.
2. Target 2: $0.3113 (Support Zone)
After the recent surge, it’s important to consider possible pullbacks. The support level at $0.3113 has held strong and could act as a foundation for potential price stabilization. If CTXC revisits this area, it may present a buying opportunity.
3. Target 3: $0.3526 (Next Resistance Level)
Moving beyond the 24-hour high, the next major resistance lies at $0.3526. This level has been significant in the past, and a clear break above it would indicate a shift towards the next bullish phase, with further upside potential.
Key Indicators:
EMA: Currently at $0.2906 (early signs of bullish crossover).
Bollinger Bands: Price is nearing the upper band, signaling potential volatility.
MACD: Positive divergence, with momentum favoring the bulls.
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