$CTXC CTXC/USDT – Bearish Momentum Continues
Current Price: $0.2746 (-8.86%)
24h High: $0.3055 | 24h Low: $0.2697
24h Volume: CTXC: 19.53M | USDT: 5.59M
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Technical Overview:
EMA Trends:
EMA(7): $0.2758
EMA(25): $0.2843
EMA(99): $0.2964
CTXC has consistently traded below key EMAs, reflecting ongoing bearish pressure.
Support Levels:
$0.2697 (24h low)
$0.2600 (historical support level)
Resistance Levels:
$0.2843 (EMA 25)
$0.2964 (EMA 99 & psychological level)
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Key Observations:
Trend Weakness: CTXC continues its downward trajectory, unable to reclaim its EMA levels.
Volume Decline: Reduced trading volume indicates weakening momentum on both sides.
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Potential Trade Setups:
🔵 Bullish Setup (High Risk):
Entry Range: $0.2750–$0.2780
Targets: $0.2843 (initial), $0.2964 (extended)
Stop-loss: Below $0.2697
🔴 Bearish Setup:
Entry Trigger: Below $0.2690
Targets: $0.2600 (initial), $0.2500 (extended)
Stop-loss: Above $0.2780
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Market Sentiment:
CTXC continues to struggle under selling pressure, with EMAs acting as strong resistance. Traders should exercise caution and wait for a clear breakout or breakdown before committing to positions.
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