🚨 $CTK
/USD ALERT: Potential Breakout Ahead – Key Targets in Focus! 🚨
CTK is currently trading at $0.9801, showing a +4.51% gain in the last 24 hours. After consolidating around the $0.92-$0.93 range, the price has begun climbing toward its resistance levels, signaling growing bullish momentum.
Key Levels to Watch:
1. Immediate Resistance: $1.0242
A breakout above this level could confirm bullish momentum, pushing the price to the next resistance. Buyers are showing increased interest here, so watch for strong volume to confirm the move.
2. Target 2: $1.10
If momentum sustains, CTK could aim for $1.10, a key psychological barrier. This level is critical for further rally potential as it aligns with previous highs and historical resistance.
3. Extended Target: $1.18
Breaking $1.10 opens doors for $1.18, a major resistance zone. Bulls need strong follow-through to reach this level, but it could be a lucrative long-term target.
Support Levels:
Failure to hold above $0.92 may lead to a retracement toward $0.88, the next strong support zone. Watch for rejection signals near the current resistance.
Note: Tight risk management is essential as volatility is expected. Stay alert for confirmations on volume and price action before entering positions.