Over the past four hours, the CTK/USDT trading pair has experienced notable volatility. Initially, the price of CTK saw a slight dip, dropping from $1.05 to $1.02. This decline was brief, as buyers quickly entered the market, driving the price back up to $1.07. The recent surge can be attributed to increased trading volume and positive sentiment in the broader cryptocurrency market.During this period, the Relative Strength Index (RSI) has shown that CTK is approaching the overbought zone, suggesting a possible pullback in the near future. Support levels have been established around $1.00, while resistance is currently at $1.10. Market participants should watch for any breakout above $1.10, which could signal further upward momentum. Conversely, a fall below $1.00 might indicate a deeper correction.
