Here's a concise technical analysis of $CTK
/USDT with a trade signal and three target levels:🔥🔥💯
CTK/USDT Technical Analysis:
Current Price: $0.9419 (Up 20.69% in the last 24 hours)
Key Resistance Levels:
Target 1 (T1): $0.9639
Target 2 (T2): $1.00 (Psychological level)
Target 3 (T3): $1.05
Key Support Levels:
Support 1 (S1): $0.9057
Support 2 (S2): $0.8476
Momentum:
Bullish Trend: Strong upward momentum in the past 24 hours, suggesting a continuation toward $0.9639 (T1).
RSI Indicator: Slightly elevated, so the market could face resistance near $0.95, but potential for further gains if the price breaks past this level.
Trade Signal:
Buy if the price remains above $0.92 with targets at $0.95 (near resistance), followed by T1 at $0.9639.
Sell/Take Profit near $0.96 (T1), $1.00 (T2), or $1.05 (T3), depending on price action.
Stop-Loss: Set below $0.90 to limit risk.
Trade with caution, watch for volume and price reaction at resistance zones!
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