🚀 $CTXC

CTXC/USDT Technical Analysis & Key Targets 🎯

Current Price: $0.3070

24h Change: +23.49%

Volume (24h): 72.57M CTXC

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Technical Analysis Overview

CTXC has shown a strong bullish momentum, with a 24-hour high of $0.3343 and a low of $0.2481. The current breakout indicates potential further upward movement if volume and market sentiment remain favorable.

Indicators:

1. EMA (Exponential Moving Average): The price is trading above the 20-EMA, confirming bullish momentum.

2. BOLL (Bollinger Bands): The price is approaching the upper band, suggesting increased volatility and potential for further growth.

3. MACD (Moving Average Convergence Divergence): Positive crossover indicates a strong upward trend.

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Targets 🎯

1. Target 1: $0.3400

A psychological resistance point near the recent high of $0.3343.

If broken, expect an aggressive move toward Target 2.

2. Target 2: $0.3700

A significant resistance level, aligning with past price consolidation.

Breaking this level could confirm a long-term bullish reversal.

3. Target 3: $0.4000

Represents a 30% upside from the current price, aligning with historical highs and a key Fibonacci retracement level.

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Support Levels

Immediate Support: $0.3000

Strong Support: $0.2700

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📊 Monitor Indicators: Watch for sustained volume and RSI levels to avoid overbought conditions. A pullback near $0.3000 could present an ideal re-entry point.

#Binance #Crypto #CTXC #Trading