🚨 CTXC in free fall: 40.27% loss in 24 hours! 📉

The price of $CTXC has fallen to $0.5788, marking one of the strongest corrections in the recent market. From a high of $1.0500, the token plummeted to a low of $0.5518, reflecting a clearly bearish sentiment.

Key Insights 📊

1️⃣ Abrupt Sell-off: Consecutive red candles show strong liquidation, bringing the price to critical support levels.

2️⃣ Increasing Volume: $CTXC reported a volume of 91.35M in the last 24h, indicating high selling pressure.

3️⃣ Weak Sentiment: Market confidence is at lows, leaving buyers in wait mode.

Key Levels to Monitor 🔍

📉 Immediate Support: $0.5518, the recent low. If this level is lost, we could see an extension of losses.

📈 Critical Resistance: $0.7096. A recovery above this level would be the first sign of reversal.

What’s next for CTXC? 🧐

🔹 Short-term traders: Look for signs of consolidation or a bounce from $0.55 before making decisions.

🔹 Risk management: Use tight stop-losses; volatility is high.

🔹 Reversal signal: A daily close above $0.60 could indicate that bulls are regaining control.

💬 Is this a moment to buy the dip or a warning to stay on the sidelines? Share your perspectives and strategies in the comments! 👇