The $CTK /USDT 15-minute chart shows a notable bounce, currently positioned at 0.5989. The recent pullback after hitting a high at 0.6288 suggests a cooling-off period, yet buyers may still push for further gains if key levels hold.
A strategic entry around 0.5980 could offer an optimal position to catch the next potential upward movement.
Target profit levels are set closely to manage gains effectively: TP1 at 0.6050, TP2 at 0.6100, and TP3 at 0.6150. It’s wise to place a stop loss at 0.5850 to safeguard against unexpected downturns, ensuring a balance between risk and reward.
This setup leverages current bullish interest with a prudent approach to profit-taking.
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