๐$CTXC CTXC/USDT โ Recovery Underway!
๐ Current Price: $0.2964 (+4.62%)
๐ 24H High: $0.3768
๐ป 24H Low: $0.2450
๐ฐ Volume:
CTXC: 129.00M
USDT: 39.60M
---
Market Overview
Cortex (CTXC) experienced a sharp move upward earlier today, reaching a high of $0.3768 before retracing back to $0.2964. The market is now in a consolidation phase, with buyers and sellers battling for dominance.
Resistance Levels:
$0.3350 โ Key resistance for another breakout attempt.
$0.3768 โ Recent high; breaking this could spark a strong rally.
Support Zones:
$0.2860 โ Immediate support to watch during this retracement.
$0.2450 โ Critical support; a break below this could indicate a bearish reversal.
---
Next Moves
1. For Buyers:
Look for entries near $0.2860, targeting $0.3350 and $0.3768 for potential gains.
Confirm stability before entering new positions.
2. For Sellers:
Watch for rejection near $0.3350 to short, with targets at $0.2860 and $0.2450.
---
Key Insights
Bullish Momentum: CTXC has shown strong upward momentum, but retracement levels need monitoring for confirmation of trend continuation.
Volume Indicators: Increased trading volume highlights strong market interest, leaning bullish.
Risk Management: Consider tight stop-losses around $0.2860 to mitigate risks.
---
Final Thought
CTXC/USDT is showing signs of recovery, but staying cautious during this retracement phase is critical. Monitor key levels closely to capitalize on the next significant move.