$CTXC /USDT Trade Signal - Volatility Alert with Key Targets šÆ
Long Trade Setup:
Entry Zone: $0.6200 - $0.6300
Targets šÆ:
Target 1: $0.6800
Target 2: $0.7200
Target 3: $0.7600
Stop Loss: Below $0.6000
Short Trade Setup:
Entry Zone: $0.6300 - $0.6500
Targets šÆ:
Target 1: $0.6100
Target 2: $0.5800
Target 3: $0.5500
Stop Loss: Above $0.6600
Market Insights:
$CTXC /USDT experienced a significant decline of over 30%, dropping to $0.6200 after reaching a 24H high of $1.0500. This sharp movement creates a potential setup for a bounce or continued downward trend. Traders should watch for price stabilization near $0.6200 for potential long entries, while any rejection near $0.6500 may signal further downside.
Key Levels to Watch:
Support: $0.6000 / $0.5800
Resistance: $0.6800 / $0.7200
Trading Tip:
Stay cautious with tight stop losses due to increased volatility. Monitor volume closely for confirmation of price recovery or continuation of the trend.
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