$CTK /USDT Technical Analysis 🔥

Current Price: 0.8618 USDT (+3.31%)

24h High: 0.9600 USDT

24h Low: 0.7974 USDT

$CTK /USDT has seen a solid 3.31% increase in the past 24 hours, trading just below the 0.9600 resistance. The pair is in a bullish consolidation phase with a healthy trading volume of 16.97M CTK and 15.10M USDT over the last 24 hours.

Support & Resistance Levels

Resistance: 0.9600 USDT (24h high), 0.9682 USDT (depth)

Support: 0.7974 USDT (24h low), 0.8489 USDT (bid depth)

Price Action & Volume Analysis

The price is showing strength as it continues to trade near the 0.8618 USDT level. A breakout above 0.9600 could signal a continuation toward 0.9682, while a pullback towards 0.8489 or 0.7974 would provide potential support levels.

Short-term Outlook

15m: Price holding steady near 0.8618 USDT

1h: Testing upper range near 0.9085 USDT

4h: Consolidation above 0.8489 USDT

1D: Bullish continuation expected above 0.9600 resistance

CTK/USDT looks set to test the 0.9600 resistance level, with potential upside if it breaks higher. Watch for signs of strength around this level for a potential breakout to the next resistance at 0.9682 USDT.

Stay tuned for further developments in CTK/USDT’s price action!

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