$CTK /USDT Technical Analysis đ„
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/USDTâs price action!
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