$CTXC /USDT is trading at 0.3017 on the 15-minute chart, showing a 12.45% increase in the last 24 hours.
The asset recently peaked at 0.3759 before retracing to its current level, with a 24-hour low at 0.2633. Key resistance is positioned at 0.3400, while support is seen around 0.2800. A potential entry for a long trade could be around 0.3020, targeting short-term profits at 0.3100, 0.3200, and 0.3300. The RSI at 36.67 signals that the asset is nearing oversold conditions, suggesting potential recovery. However, the MACD reflects weak momentum, indicating a cautious approach is necessary.
A stop-loss at 0.2800 is recommended to manage risk effectively. Monitoring for further price consolidation or reversal is crucial.